1st Edition

Creating a Sustainable Economy An Institutional and Evolutionary Approach to Environmental Policy

Edited By Gerardo Marletto Copyright 2012
    308 Pages 1 B/W Illustrations
    by Routledge

    288 Pages 1 B/W Illustrations
    by Routledge

    This book is designed for those scholars, students, policy-makers – or just curious readers – who are looking for heterodox thinking on the issue of environmental economics and policy. Contributions to this book draw on multiple streams of institutional and evolutionary economics and help build an approach to environmental policy that radically diverges from mainstream prescriptions. Institutions and technologies – and not only markets – are at the heart of a systemic and dynamic analysis of those structural changes which are needed to create a sustainable economy. Actors for change – and their ability to influence politics and policy – are explicitly taken into consideration. These issues are analyzed from different viewpoints by contributors to the book: some focus on behavior and institutions, others analyze the interaction of economic and technological dynamics; some provide sectoral case studies and others have the ambition to provide the reader with an overall picture. But all authors view environmental policy as a combination of actions that can trigger – and make viable – those structural changes which are needed to reach sustainability.

    Preface G. Marletto.

    Part I – A dynamic and systemic analysis of economic change: 1. Agency and economic change K. Safarzynska; 2. Technologies, markets and economic change M. Amendola and J.-L. Gaffard; 3. An institutional/evolutionary framework of economic change G. Marletto

    Part II – Institutional/evolutionary views on environmental policy: 4. Governing the environment: the institutional economics approach A. Vatn; 5. Institutional/evolutionary economics and environmental policy G. Hodgson; 6. Managing the transition towards sustainable regimes: a coevolutionary approach T. Foxon

    Part III – Regime change: three case studies: 7. Moving away from the motor car: the challenge of transition to low-carbon vehicles J. Köhler; 8. Grassroots innovations and socio-technical system change: energy retrofitting of the residential housing stock H.S. Brown and P. Vergragt; 9. The governance of technological transitions: the case of renewable energy A. Genus

    Part IV –Creating a sustainable economy: 10. The role of entrepreneurship and markets for sustainable innovation A. Bergek; 11. Unlocking the unsustainable techno-institutional complex G. Unruh and P. del Rio; 12. Ten memos for effective policies G. Marletto


    Gerardo Marletto is Associate Professor at the University of Sassari, Sardinia, Italy