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Welfare systems should be made independent of GDP growth

Authors:
Max Koch

Entry type:
Misc

Year of publication:
2022

Publishers:
Unesco inclusive policy lab

Language:
Deutsch

External content:
To external content

Tags:

Given environmental pressures and long-term economic stagnation, GDP growth can no longer be considered as method to improve welfare resources. Researchers must investigate the relationship between growth and welfare, finding ways to decouple them, new welfare funding sources less dependant on economic fluctuations, and methods to decrease demand for welfare. Policymakers must realize the environmental limitations of the economy, working alongside researchers, activists and citizens to ensure public support.