Growing by decreasing

Vol. 44 No. 4 (2024)

Oct-Dez / 2024
Published October 8, 2024
PDF-English
PDF-English

How to Cite

Cechin, Andrei, and José Eli da Veiga. 2024. “Growing by Decreasing”. Brazilian Journal of Political Economy 44 (4):753-68. https://doi.org/10.1590/0101-31572024-3619.

Growing by decreasing

Andrei Cechin
Professor in the Economics Department, Universidade de Brasília (UnB), Brasília/DF, Brazil.
José Eli da Veiga
Senior professor in the Institute for Advanced Studies, Universidade de São Paulo (USP), São Paulo/ SP, Brazil.
Brazilian Journal of Political Economy, Vol. 44 No. 4 (2024), Oct-Dez / 2024, Pages 753-768

Abstract

To justify the thesis under the motto “growing by decreasing,” this paper presents
three arguments. First, the evolution of ideas about tackling the environmental side effects
of economic growth went from “limits to growth” to the unifying concept of “beyondgrowth,”
with “green growth” and “degrowth” as two poles of the recent debate. Second,
there are indications of important convergences regarding policy prescriptions in any “green
strategy.” Third, some clues suggest that, despite the convergences, the main challenge is
overcoming the inertia in production-consumption systems by destabilizing the dominant
configuration and inducing a change in consumers’ preferences.

JEL Classification: O33; 038; O44; Q56; Q57; Q58.


Keywords: Green growth degrowth strategy technological change transition