Inclusive Economy: Criteria, Principles and Ubuntu, The , livre ebook
506
pages
English
Ebooks
2022
Obtenez un accès à la bibliothèque pour le consulter en ligne En savoir plus
Découvre YouScribe en t'inscrivant gratuitement
Découvre YouScribe en t'inscrivant gratuitement
506
pages
English
Ebooks
2022
Obtenez un accès à la bibliothèque pour le consulter en ligne En savoir plus
Publié par
Date de parution
12 août 2022
Nombre de lectures
0
EAN13
9781776402366
Langue
English
Poids de l'ouvrage
13 Mo
There is one serious missing link at the center of today’s capitalism. It is a disequilibrium between increased economic interconnectedness and increased isolation/exclusion. This unique challenge in the 21st century calls for a unique solution: Ubuntu. Africa might be the last place where experts would look for an economic solution, but it ironically holds the secret to restoring the right equilibrium in the economy. Ubuntu’s ability to reconnect the marginalised with the mainstream by putting emphasis on our humanness, connectedness, collective growth through expansion and improved efficiency creates new capacity for the economy to rebalance itself towards genuine and sustainable progress. Ubuntu encapsulates that which is the opposite of economic exclusion (i.e. inequality, poverty, unsustainable growth, limited profits, etc.), namely economic inclusion. However, only a small window of opportunity exists – in and after the COVID-19 pandemic – to implement Ubuntu as a fundamental economic principle in order for it to be an effective remedy. The global economy and most local economies have entered the phase of rebuilding with a serious drawback: after the previous global financial crisis, both the economy and government’s capacity to recover are severely limited as unemployment levels, debt levels and natural resource depletion levels keep soaring, resulting in dangerous levels of economic exclusion and social instability. To this and more, the inclusive economy presents tangible solutions.
Voir
Publié par
Date de parution
12 août 2022
Nombre de lectures
0
EAN13
9781776402366
Langue
English
Poids de l'ouvrage
13 Mo
The Inclusive EconomyCrîterîa, Prîncîpes and Ubuntu
AJ van Nîekerk
The Incusîve Economy: Crîterîa, Prîncîpes and Ubuntu
Pubîshed by UJ Press Unîversîty o Johannesburg Lîbrary Auckand Park Kîngsway Campus PO Box 524 Auckand Park 2006 https://ujonînepress.uj.ac.za/
Compîatîon © AJ van Nîekerk 2022
Chapters © AJ van Nîekerk 2022
Pubîshed Edîtîon © AJ van Nîekerk 2022
Fîrst pubîshed 2022
https://doî.org/10.36615/9781776402366
978-1-7764023-5-9 (Paperback)
978-1-7764023-6-6 (PDF)
978-1-7764023-7-3 (EPUB)
978-1-7764134-6-1 (XML)
Thîs pubîcatîon had been submîtted to a rîgorous doube-bînd peer-revîew process prîor to pubîcatîon and a recommendatîons by the revîewers were consîdered and împemented beore pubîcatîon.
Copy edîtor: Aîda Bucke
Cover desîgn: Hester Roets, UJ Graphîc Desîgn Studîo
Typeset în 10/13pt Merrîweather Lîght
For comments and eedback contact the author at: încusîveconomy@gmaî.com
Contents
Foreword ............................................................................................................ Phî Moee
Introductîon: Our major twenty-first-century economîc chaenge and Ubuntu ..................................................................................
Chapter 1: What îs încusîve economîcs? ............................................... Introductîon ....................................................................................................
Conceptuaîsatîon: What îs an încusîve economy? ...........................
î
1
5 5
6
Theoretîca ramework or economîc încusîvîty ................................ 8 Heterodox economîc theorîes .................................................................... 10 Incusîve economîc theory .......................................................................... 12 Impîcatîons o an încusîve economy .................................................... 17
Concusîon ........................................................................................................ 22
Chapter 2: Incusîve growth ....................................................................... 25 Introductîon .................................................................................................... 25
What încusîve growth îs not: Inequaîty and unettered growth ............................................................................................................... 26
How îs încusîve growth dîferent? .......................................................... 39
What are the components o încusîve growth? .................................. 45 Pro-poor growth ............................................................................................ 45 Broad-based growth .................................................................................... 47 Shared growth ................................................................................................. 50 Incusîve busîness ........................................................................................... 53 Green growth ................................................................................................... 54 Growth that creates rea vaue ................................................................. 58 Faîures o GDP and measurîng încusîve growth ............................... 60
Incusîveness îndex or growth ................................................................. 63
McKîney Incusîve Growth Index ............................................................ 65
Goba Database o Shared Prosperîty (GDSP) ..................................... 67
Dynamîc întegrated measure o încusîve growth ............................. 69
Concusîon ........................................................................................................
7
1
Chapter 3: Genuîne economîc progress .................................................. 77 Introductîon .................................................................................................... 77
The meanîng o genuîne economîc progress ....................................... 78
Theoretîca oundatîon ................................................................................ 80
Measurîng genuîne economîc progress ................................................. 83 Genuîne Progress Indîcator (GPI) ............................................................ 84 Indîces measurîng hoîstîc economîc progress ................................... 92 The System o Integrated Envîronmenta and Economîc Accountîng (SEEA) ........................................................................................ 107
Progress: From înnovatîon or profits to înnovatîon or we-beîng ....................................................................................................... 110
Concusîon ........................................................................................................ 113
Appendîx 3.1: Components, refinements and ormuas o the GPI .............................................................................................................. 118
Chapter 4: The cîrcuar economy ............................................................. 129 Introductîon .................................................................................................... 129
Brîe background and theoretîca underpînnîng ................................. 131
What îs dîferent about the cîrcuar economy? .................................... 139 A dîferent concept o the economy ........................................................ 139 Cîrcuar economy’s hîgher goa: Changîng the processes o productîon, busîness and governance ................................................... 150 Measurîng progress dîferenty – and or a dîferent purpose .... 158
The roe o înnovatîon and technoogy: The dîgîta cîrcuar economy ........................................................................................................... 176
Concusîon ........................................................................................................ 183
Chapter 5: Coaboratîve economy ........................................................... 189 Introductîon .................................................................................................... 189
What îs a coaboratîve economy? ............................................................ 190
Coaboratîve rameworks: The honeycomb mode and the access economy .............................................................................................. 199 Honeycomb 1.0 ................................................................................................ 200 Honeycomb 2.0 ............................................................................................... 202 Honeycomb 3.0 ............................................................................................... 203 The access economy ...................................................................................... 207 Buîdîng a coaboratîve economy: How îs încusîve busîness dîferent rom CSR? ....................................................................................... 213 A new economîc ethos emergîng rom the coaboratîve economy ........................................................................................................... 232
Concusîon ........................................................................................................ 246
Chapter 6: Incusîve economîc poîcîes and înstîtutîons ................. 253 Introductîon .................................................................................................... 253
Incusîve economy matrîx (IEM) .............................................................. 256
A new end goa: Definîng a new economîc agenda ............................. 263
Poîcîes promotîng and enabîng încusîve growth ............................ 269
Poîcîes that ensure genuîne economîc progress and efectîve redîstrîbutîon o încome ............................................................................. 278 Impementîng genuîne economîc progress through poîcy .......... 280 Incusîve tax reorm or better încome redîstrîbutîon ..................... 286 Reorm monetary and financîa systems or stabîîty .................... 295 Buîdîng capacîty through înnovatîve poîcîes: Technoogy and încusîve deveopment ................................................................................. 303 Poîcîes steerîng the economy towards a smart cîrcuar economy ........................................................................................................... 305
Poîcîes that entrench the buîdîng o a coaboratîve economy and government ............................................................................................. 311
Incusîve înstîtutîons ................................................................................... 321
Poîcy process and împementatîon ........................................................ 327
Concusîon: Poîcy ramework and fina recommendatîons ........... 331
Appendîx 6.1: The Sustaînabe Deveopment Goas (SDGs) and încusîve economîes ..................................................................................... 335
Appendîx 6.2: Country exampes o întegratîng we-beîng metrîcs înto poîcy-makîng ....................................................................... 337
Chapter 7: Navîgatîng the Great Transîtîon ......................................... 341 Introductîon .................................................................................................... 341
Resettîng the coordînates: Key actors and prîorîtîes or economîc încusîon ....................................................................................... 343 Settîng hîgher goas through a new commîtment: A socîa covenant ............................................................................................................ 345 Transîtîonîng by means o systemîc change în the economy ...... 355 Put înto proper use the new approaches to measurîng economîc progress ........................................................................................ 362 Innovatîve încusîon în the 4IR to advance the transîtîon ............ 367 Steerîng/navîgatîng the new economy movements ....................... 376 Transîtîon by means o earnîng somethîng specîa: Ubuntu economîcs ........................................................................................ 382
Concusîon: An încusîve economy at our doorstep ........................... 390
Reerences ......................................................................................................... 395
Endnotes ............................................................................................................ 451
