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R Resilient Economics - Finance, Society and the Environment (Hardcover)
Loot Price: R928
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R Resilient Economics - Finance, Society and the Environment (Hardcover)
Expected to ship within 12 - 17 working days
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In good times, growth and profits are welcome, but in bad times we
need resilience, and resilience cannot be spirited up overnight.
The economic fallout from the 2008-9 financial crisis and the
COVID-19 pandemic has been considerable. Each required
unprecedented measures to prevent the economy from crashing. We can
learn from crisis to move beyond the superficial success of
growth-based economics to adopt a more robust way to frame
economics. The adoption of resilient economics should allow an
economic system to evolve that is stable by default. The next
crisis could be any number of issues, some very closely aligned
with the economy and others related to health and environment, or
something else entirely. A truly resilient economy should be able
to weather any crisis and bounce back when it abates. We need to
recalibrate economics to regain its place as a solid and respected
discipline at the heart of policymaking. Resilient economics can do
this. It provides a framework that moves away from focusing on
expansion and growth, to focusing on security, stability, and
sustainability. All societies are different; every economy should
be different.
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