The Double Crisis: In What Sense A Regional Problem?

We are now facing Sayer's 'diabolical double crisis' - which encompasses both a deep financial crisis and an environmental one. The scale, scope and nature of this double-crisis is downplayed in the regional studies literature, much of which still focuses on innovative growth models o...

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Bibliographic Details
Published inIDEAS Working Paper Series from RePEc
Main Authors Donald, Betsy, Gray, Mia, Centre for Business Research
Format Paper
LanguageEnglish
Published St. Louis Federal Reserve Bank of St. Louis 01.01.2018
Subjects
Growth models
Regional studies
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Summary:We are now facing Sayer's 'diabolical double crisis' - which encompasses both a deep financial crisis and an environmental one. The scale, scope and nature of this double-crisis is downplayed in the regional studies literature, much of which still focuses on innovative growth models often divorced from broader social and ecological contexts. To help solve both crises we call for regional studies to explore new models that allow us to focus on the most important issues of our time. We illustrate this by focusing on the contradictions in the waste produced by contemporary regional economies - waste of abundance, labour, and resources.