13 A “NEW ECONOMIC PARADIGM” FOR THE WORLD

2021 ◽  
pp. 236-256
Keyword(s):  
2013 ◽  
pp. 1-17
Author(s):  
Enrique Leff

Renovating our thinking as humankind (rethinking nature, culture and development) is an imperative to approach the challenges of environmental crisis and to orient the social construction of a sustainable world. If environmental crisis is a predicament of knowledge, beyond the task of reinventing science, innovating technology and managing information, we must face the challenge of inventing new ways of thinking, organizing and acting in the world; of reorienting our ethical principles, modes of production and social practices for the construction of a sustainable civilization. Innovation for sustainability is drawn by alternative rationalities. I will argue that rationality of modernity has limited capacities to reestablish the ecological balance of the planet, while environmental rationality opens new perspectives to sustainability: the construction of a new economic paradigm based on neguentropic productivity, a politics of difference and an ethic of otherness. Paramount to this purpose is the contribution of Latin American Environmental Thinking.


2021 ◽  
Author(s):  
◽  
Philipp Röding

The project investigates how economic paradigm shifts that occur at the beginning of the 1970s (primarily the abandonment of the gold standard and the endlessly increasing pool of capital awaiting investment that succeeded it) led to the emergence of a unique building type: the high-altitude observation deck. Part investment vehicle, part iteration of an ongoing fascination with the view from above, the project presents the observation deck as the point where three distinct paradigms intersect: observation, speculation and spectacle. Tracing the emergence of the observation deck through a series of case studies (Top of the World atop the World Trade Center (NYC), One World Observatory (NYC), The Tulip (London) the project enriches its interdisciplinary approach with archival research and fieldwork. Re-telling the complicated collaboration between architect Warren Platner and graphic designer Milton Glaser at the end of the 1960s, the project lays out how the observation deck is conceived at a time when the perceived “crisis” of New York results in a rapidly accelerating neoliberalization of urban space. An avatar of this emerging ideology the observation deck is heavily invested in making the city visually comprehensible. Incorporating a sort of neoliberalist geometry, the deck transforms the city into a product to be consumed instead of a reality to live in and thus paves the way for other ventures of what has been called the “experience economy.” Thus, it signals the ongoing shift away from an architecture that possesses any use value, towards one that, as Barthes put it with regards to Eiffel Tower, is centered only on viewing and being viewed. A speculative machine, the observation deck renders the city into a product.


Author(s):  
Anđelko S. Lojpur ◽  
Ivan Radević ◽  
Anja A. Lojpur ◽  
Nikola Martinović

When it comes to finding a new development formula in transition countries, it is worrisome that a well-trodden development paradigm lacks in today’s multipolar world. Therefore, overcoming the apparent deadlock in the development of transition countries is possible only through the “new” order, or, in other words, through acceptance of the “new” economic paradigm of development. This paper aims to answer the key question regarding the development perspectives of the transition countries, “Can the transition countries (region) ever catch up with the living standards of the world’s most advanced market economies?” In this sense, the research of a new development pattern involving reactivation of the entrepreneurial economy is the answer to the second question: given the omnipresent globalization, is it possible to reverse the concept of development in the transition to greater equality of wealth in the world; therefore, this paper openly advocates for the re-industrialization of transition countries.


2015 ◽  
Vol 54 (4I-II) ◽  
pp. 671-683
Author(s):  
Anwar Shah ◽  
Karim Khan

The primary focus of economics is to allocate resources in order to achieve the well-being of humans. Wellbeing has many dimensions, ranging from the level of mere subsistence to the equality of opportunities to accumulate, and to safeguard life and wealth. Poverty, thus, is one of the parameters for measuring the welfare of society in general. Given this importance, the Millennium Development Goals aim at halving the world poverty by 2015. Many organisations in the world set poverty eradication as one of their key objectives. Likewise, poverty reduction has got a central place in the international politics. Accordingly, each country including Pakistan has launched programmes for the alleviation of this great menace. The election manifesto of all the mainstream political parties in Pakistan includes poverty alleviation as one of their main goals. Additionally, poverty alleviation is one of the major subjects of talks in electronic media and in the editorials of newspapers, both at the national and at the international level. Nevertheless, poverty is still a major problem of humanity across the globe.


Author(s):  
K. I. Shchetinina

Tourism today is one of the fastest growing economic sectors in the world. The article gives a brief review of a new economic paradigm and development model: a green economy. It shows how green investment in European tourism sector can contribute to economically viable and robust growth, decent work creation and poverty alleviation, while improving resource efficiency and minimising environmental degradation. Much of the economic potential for green tourism is found in small and medium-sized enterprises (SMEs), which need better access to financing for investing in green tourism. Investments and policies of European Union government can leverage private sector actions on green tourism.


2020 ◽  
Vol 10 (4) ◽  
pp. 491-507
Author(s):  
Sann Carrière ◽  
Ricardo Weigend Rodríguez ◽  
Peixun Pey ◽  
Francesco Pomponi ◽  
Seeram Ramakrishna

PurposeCircular economy (CE), as a new economic paradigm, has gained traction in recent years. Cities' role in driving CE forward has been perceived as being increasingly important to achieve sustainable development (SD). For this reason, there is an urgency to understand what a circular city is and how it might be composed. This research explores the ways in which the city-state of Singapore is transitioning to a CE.Design/methodology/approachA systematic literature review on CE and cities was carried out using a bibliometric review and a snowballing technique. This review was performed on academic and on non-academic papers.FindingsThis research has confirmed the lack of robust circular cities case studies. As Singapore has already begun its journey towards circularity, this article examines its current efforts and offers recommendations in the design and implementation of CE policies that may be valuable not just for Singapore but also for high-density and rapidly expanding cities around the world that require a new development pathway to emulate.Originality/valueThis manuscript is the first detailed, independent and comprehensive review of Singapore's approach to CE.


Author(s):  
Petr Arkadyevich Vernik

The transition to the sixth techno-economic paradigm requires a revision of approaches to the construction of management systems in all sectors of the economy. The article considers a promising direction of the world electronics development, which is based on a new approach to composition of program adaptive control system of integrated network devices using digital technologies, such as Big Data, artificial intelligence, cloud computing.


Author(s):  
Manfred B. Steger ◽  
Ravi K. Roy

Neoliberalism: A Very Short Introduction explores the considerable variations of neoliberalism around the world, and discusses the origins, evolution, and core ideas of neoliberalism. Neoliberalism emerged as the world's dominant economic paradigm in the 1990s. The global financial crash of 2008 and the subsequent emergence of more nationalist ideologies have challenged both neoliberal assumptions and related financial systems—a development most spectacularly reflected in 2016's pro-Brexit referendum in the UK and the Trump election victory in the same year. This VSI asks whether changing versions of neoliberalism might succeed in drowning out the calls for a return to territorial sovereignty and national greatness.


Author(s):  
Zafer Kıyan ◽  
Hakan Yüksel

As information and communication technologies (ICTs) change economic and social activities creating a new economic paradigm based on the production and processing of knowledge, all aspects of human life are being transformed, including cities people live in. All around the world, countries are trying to adopt this new paradigm referred to as a knowledge-based economy (KBE) and organize their cities to possess a more competitive position in this new context. Turkey is one of these countries wishing to build KBE. The chapter analyzes Turkish efforts in building KBE and organizing its cities in this respect. It emphasizes that Turkey once had an important advantage in building KBE due to its developed telecommunication industry that offered the material infrastructure of KBE but lost this technological capacity owing to the implementation of inappropriate strategies. Turkey also conceptualizes KBE in such a narrow sense that leads to the adoption of other wrong policies effecting the country's economy, society, and cities.


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