Sustainable development: an evolutionary economic approach | Zendy

van Griethuysen Pascal | Zendy

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Sustainable development: an evolutionary economic approach

Author(s) -

van Griethuysen Pascal

Publication year - 2002

Publication title -

sustainable development

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 1.115

H-Index - 64

eISSN - 1099-1719

pISSN - 0968-0802

DOI - 10.1002/sd.175

Subject(s) - evolutionary economics , presentation (obstetrics) , sustainable development , field (mathematics) , development (topology) , management science , path (computing) , neoclassical economics , economics , natural (archaeology) , computer science , economic system , sociology , ecology , biology , mathematics , medicine , mathematical analysis , pure mathematics , radiology , programming language , paleontology

In this paper, it is argued that the view of the economic sphere as a closed system cannot appropriately deal with the issue of sustainable development. Evolutionary economics is then presented as a fruitful alternative to apprehend the interactions between the economic, the human and the natural spheres. This emerging field offers both a firm theoretical basis (based upon recent developments in physics, biology, dynamic systems theory and the sciences of complexity) and practical, pragmatic answers to the implementation of a sustainable path of development. This is further illustrated with the presentation of the evolutionary logic of a multi‐level common regime. Such a regime could be an institutional counterpart of social and environmental dynamics. Copyright © 2002 John Wiley & Sons, Ltd. and ERP Environment.

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