Tag Archives: global public goods

Earth Economics. Because it’s the only one we’ve got. – by Peter A.G. van Bergeijk

April 29, 2013

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Earth is a closed economy.

Source: NASA

Take a look at the World Development Report or the World Economic Outlook.  It will be difficult to find anything on the Earth economy in these flagship publications: the World Bank and the IMF analyse world issues by aggregating nations into regions and regions into even larger entities. Starting at the nation state, they expect to arrive at the world economy, but it is more probable that they actually lose sight of the whole. What can you tell about beehives if you study only the bees? That’s why there is an increasing demand for a new, truly global approach.


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