Governance and degrowth : Lessons from the 2008 financial crisis in Latvia and Iceland
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 degrow...
Published in: | Sustainability |
---|---|
Main Authors: | , , , , |
Format: | Article in Journal/Newspaper |
Language: | English |
Published: |
Statens väg- och transportforskningsinstitut, Mobilitet, aktörer och planering, MAP
2019
|
Subjects: | |
Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:vti:diva-13732 https://doi.org/10.3390/su11061734 |
id |
ftsvtinstitut:oai:DiVA.org:vti-13732 |
---|---|
record_format |
openpolar |
spelling |
ftsvtinstitut:oai:DiVA.org:vti-13732 2023-05-15T16:44:49+02:00 Governance and degrowth : Lessons from the 2008 financial crisis in Latvia and Iceland Nyblom, Åsa Isaksson, Karolina Sanctuary, Mark Fransolet, Aurore Stigson, Peter 2019 application/pdf http://urn.kb.se/resolve?urn=urn:nbn:se:vti:diva-13732 https://doi.org/10.3390/su11061734 eng eng Statens väg- och transportforskningsinstitut, Mobilitet, aktörer och planering, MAP IVL Université libre de Bruxelles Projektengagemang AB Sustainability, 2019, 11:6, orcid:0000-0002-3613-7039 http://urn.kb.se/resolve?urn=urn:nbn:se:vti:diva-13732 doi:10.3390/su11061734 ISI:000464350400002 Scopus 2-s2.0-85063490461 info:eu-repo/semantics/openAccess Management Sustainability Economics Policy Government (national) Change Public Administration Studies Studier av offentlig förvaltning Article in journal info:eu-repo/semantics/article text 2019 ftsvtinstitut https://doi.org/10.3390/su11061734 2022-04-13T19:17:04Z 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. Article in Journal/Newspaper Iceland Swedish National Road and Transport Research Institute: Publications (DiVA) Sustainability 11 6 1734 |
institution |
Open Polar |
collection |
Swedish National Road and Transport Research Institute: Publications (DiVA) |
op_collection_id |
ftsvtinstitut |
language |
English |
topic |
Management Sustainability Economics Policy Government (national) Change Public Administration Studies Studier av offentlig förvaltning |
spellingShingle |
Management Sustainability Economics Policy Government (national) Change Public Administration Studies Studier av offentlig förvaltning Nyblom, Åsa Isaksson, Karolina Sanctuary, Mark Fransolet, Aurore Stigson, Peter Governance and degrowth : Lessons from the 2008 financial crisis in Latvia and Iceland |
topic_facet |
Management Sustainability Economics Policy Government (national) Change Public Administration Studies Studier av offentlig förvaltning |
description |
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. |
format |
Article in Journal/Newspaper |
author |
Nyblom, Åsa Isaksson, Karolina Sanctuary, Mark Fransolet, Aurore Stigson, Peter |
author_facet |
Nyblom, Åsa Isaksson, Karolina Sanctuary, Mark Fransolet, Aurore Stigson, Peter |
author_sort |
Nyblom, Åsa |
title |
Governance and degrowth : Lessons from the 2008 financial crisis in Latvia and Iceland |
title_short |
Governance and degrowth : Lessons from the 2008 financial crisis in Latvia and Iceland |
title_full |
Governance and degrowth : Lessons from the 2008 financial crisis in Latvia and Iceland |
title_fullStr |
Governance and degrowth : Lessons from the 2008 financial crisis in Latvia and Iceland |
title_full_unstemmed |
Governance and degrowth : Lessons from the 2008 financial crisis in Latvia and Iceland |
title_sort |
governance and degrowth : lessons from the 2008 financial crisis in latvia and iceland |
publisher |
Statens väg- och transportforskningsinstitut, Mobilitet, aktörer och planering, MAP |
publishDate |
2019 |
url |
http://urn.kb.se/resolve?urn=urn:nbn:se:vti:diva-13732 https://doi.org/10.3390/su11061734 |
genre |
Iceland |
genre_facet |
Iceland |
op_relation |
Sustainability, 2019, 11:6, orcid:0000-0002-3613-7039 http://urn.kb.se/resolve?urn=urn:nbn:se:vti:diva-13732 doi:10.3390/su11061734 ISI:000464350400002 Scopus 2-s2.0-85063490461 |
op_rights |
info:eu-repo/semantics/openAccess |
op_doi |
https://doi.org/10.3390/su11061734 |
container_title |
Sustainability |
container_volume |
11 |
container_issue |
6 |
container_start_page |
1734 |
_version_ |
1766035071390711808 |