Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Governance and Degrowth. Lessons from the 2008 Financial Crisis in Latvia and Iceland
IVL Swedish Environm Res Inst, POB 210 60, SE-10031 Stockholm, Sweden..
KTH, School of Architecture and the Built Environment (ABE), Urban Planning and Environment, Urban and Regional Studies. VTI Swedish Natl Rd & Transport Res Inst, Box 55685, SE-10215 Stockholm, Sweden.ORCID iD: 0000-0002-3613-7039
IVL Swedish Environm Res Inst, POB 210 60, SE-10031 Stockholm, Sweden..
Univ Libre Bruxelles, Ctr Studies Sustainable Dev DGES, CP 130-03,Ave FD Roosevelt 50, B-1050 Brussels, Belgium..
Show others and affiliations
2019 (English)In: Sustainability, ISSN 2071-1050, E-ISSN 2071-1050, Vol. 11, no 6, article id 1734Article in journal (Refereed) Published
Abstract [en]

This paper investigates the role of governance dimensions in socio-economic transitions in line with degrowth, i.e., an equitable downscaling of the economy. Our focus is on experiences from the 2008 economic crisis in Latvia and Iceland. Although these cases are not in themselves examples of degrowth, we see them as important sources of empirical learning from major socio-economical transitions; furthermore, we see crises as possible starting points for future degrowth transitions. This paper applies a governance framework to explore the vast differences in management strategies and crisis outcomes in Latvia and Iceland. In Iceland, public resistance led to a shift in policy measures such that economic inequality and the negative social consequences of the crisis decreased. In Latvia, public resistance existed but had no strong influence. The outcome in Latvia included none of the elements of equitable downscaling found in the case of Iceland. These two cases show how differences in formal institutional arrangements, political culture and societal trust affect different governance dimensions during a time of crisis. The analysis illustrates the importance of institutional and governance dimensions in major socio-economical transitions, and demonstrates how they influence the kind of transition that can be realized.

Place, publisher, year, edition, pages
MDPI , 2019. Vol. 11, no 6, article id 1734
Keywords [en]
degrowth, equitable downscaling, governance, institutions, policy, radical socio-economic transitions
National Category
Economics
Identifiers
URN: urn:nbn:se:kth:diva-251349DOI: 10.3390/su11061734ISI: 000464350400002Scopus ID: 2-s2.0-85063490461OAI: oai:DiVA.org:kth-251349DiVA, id: diva2:1316919
Note

QC 20190521

Available from: 2019-05-21 Created: 2019-05-21 Last updated: 2019-06-07Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full textScopus

Authority records BETA

Isaksson, Karolina

Search in DiVA

By author/editor
Isaksson, Karolina
By organisation
Urban and Regional Studies
In the same journal
Sustainability
Economics

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 19 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf