The Triple Challenge for Europe: Economic Development, Climate Change, and Governance

Hardcover | November 15, 2015

EditorJan Fagerberg, Staffan Laestadius, Ben R. Martin

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Europe is confronted by an intimidating triple challenge - economic stagnation, climate change, and a governance crisis. This book demonstrates how these three challenges are closely inter-related. A return to economic growth cannot come at the expense of greater risk of irreversible climate change. Instead, what is required is a reconceptualization of what is intended by "economic development" and a fundamental transformation of the economy to a new "green" trajectory, based on rapidlydiminishing emission of greenhouse gases. This entails a much greater emphasis on innovation in all its forms - not just technological. Innovation policy must be placed at the very heart of industrial policy and indeed of economic policy more broadly. Other parts of the world are also facing varying forms of the triple challenge, and while the governance challenge may not be exactly the same as for Europe and the EU, Europe isuniquely placed to take the lead in addressing the triple challenge. While this may well entail certain costs in the short term, it will undoubtedly bring considerable benefits in the longer term. It should also encourage countries in other parts of the world to follow Europe's lead in thistransformation process, thereby ensuring that climate change is kept within manageable bounds. Addressing the triple challenge would thus provide Europe and its citizens with a new sense of purpose, revitalizing the EU and 'the European project' over the decades to come.

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Europe is confronted by an intimidating triple challenge - economic stagnation, climate change, and a governance crisis. This book demonstrates how these three challenges are closely inter-related. A return to economic growth cannot come at the expense of greater risk of irreversible climate change. Instead, what is required is a recon...

Jan Fagerberg is professor at the University of Oslo, where he is affiliated with the Centre for Technology, Innovation and Culture, and at Alborg University, where he is at the Department of Business and Management. He also has an affiliation with CIRCLE at Lund University. In his research Fagerberg has among other things focused on t...
Format:HardcoverDimensions:304 pages, 9.21 × 6.14 × 0.95 inPublished:November 15, 2015Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198747411

ISBN - 13:9780198747413

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Table of Contents

1. Jan Fagerberg, Staffan Laestadius and Ben R. Martin: Introduction: The Triple Challenge for Europe2. Jan Fagerberg and Bart Verspagen: One Europe or Several? Causes and Consequences of the European Stagnation3. Michael A. Landesmann: The new North-South Divide in Europe - Can the European Convergence Model be Resuscitated?4. Frank W. Geels: The Arduous Transition to Low-carbon Energy: A Multi-level Analysis of Renewable Electricity Niches and Resilient Regimes5. Hubert Schmitz and Rasmus Lema: The Global Green Economy: Competition or Cooperation between Europe and China?6. Staffan Laestadius: Transition Paths: Assessing Conditions and Alternatives7. Volkmar Lauber and Staffan Jacobsson: Lessons from Germany's Energiewende8. Iain Begg: EU Policy and Governance: Part of the Problem or Part of the Solution?9. Mariana Mazzucato and Carlota Perez: Innovation as Growth Policy: the Challenge for Europe