What if growth lets us down? Challenges and opportunities of low growth in industrialized countries.

What if growth lets us down? Challenges and opportunities of low growth in industrialized countries.

What if growth lets us down? Challenges and opportunities of low growth in industrialized countries.

Keynote and Discussion

Keynote by László Andor, Mercator Senior Fellow, Hertie School and former EU Commissioner for Employment, Social Affairs and Inclusion.

Discussion with Henrik Enderlein, Professor of Political Economy, Hertie School and Director, Jacques Delors Institut - Berlin, Anke Hassel, Professor of Public Policy, Hertie School, and Hermann E. Ott, Senior Advisor Global Sustainability and Welfare Strategies, Wuppertal Institute for Climate, Environment and Energy.

Moderation: Julian Zuber, Hertie School

IMG_6444 copy        IMG_6437 copy


Various analyses come to the conclusion that industrialized countries will or even should have less growth in the future. Growth in industrialized countries has been low or even negative in recent years. Some forecast that the economy will continue to stagnate in the mid- to long-term. Many worried by this development are seeking ways to rekindle growth. Others however, in the face of environmental problems and finite resources, argue that continued growth is not desirable. Regardless of whether one deems zero-growth problematic or finds it desirable there is a need to discuss how the state and society can function without economic growth. What elements of our society depend on continued growth? How can they be made independent from economic growth? Labor market policies, government debt and social security systems are only some examples of policies and institutions that seem to rely on the assumption of continued growth.

László Andor has been the EU's Commissioner for Employment, Social Affairs and Inclusion from 2010 to 2014. Between 2005 and 2010 he represented Hungary, the Czech Republic, Slovakia and Croatia on the Board of Directors of the European Bank for Reconstruction and Development in London. Previously he was an associate professor at Corvinus University of Budapest and King Sigismund College, editor of journals, and advisor to the Hungarian Prime Minister. A Hungarian national, Mr Andor graduated from the University of Economic Sciences in Budapest in 1989, studied at George Washington University, Washington, D.C., and earned a Master's degree in Development Economics at the University of Manchester in 1993 as a British Council Fellow. He holds a PhD in Economics from the Hungarian Academy of Sciences.

IMG_6442        IMG_6430 Kopie

 

http://www.hertie-school.org/mediaandevents/events/events-pages/03032015-what-if-growth-lets-us-down/

Related Articles

Leave a Reply

Close