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What is Degrowth Economy

Handbook of Research on Sustainable Development Goals, Climate Change, and Digitalization
This model presents a new model suggestion including sustainable development in the context of de-growing implications.
Published in Chapter:
A Review of Alternative Economic Approaches to Achieve Sustainable Development: The Rising Digitalization and Degrowth Post COVID-19
Seda Yildirim (Tekirdag Namık Kemal University, Turkey), Isil Demirtas (Giresun University, Turkey), and Durmus Cagri Yildirim (Tekirdag Namık Kemal University, Turkey)
DOI: 10.4018/978-1-7998-8482-8.ch018
Abstract
The COVID-19 pandemic has changed the progress in 2030 Sustainable Development Goals, and policymakers have been challenged with the implications of conventional economic system in the market. At this point, it can be said that the adoption of the best alternative economic and business model for the marketplace is the new phenomenon during the COVID-19 pandemic. Accordingly, alternative economic and business models can reduce the carbon emission, environmental pollution, and global warming, but there is a still dark point in solving social issues globally. This study aims to give a brief framework for alternative economic and business models in the context of sustainability. This study presents the links between 2030 Sustainable Development Goals, digital economy, and de-growth. In other words, this chapter focuses on digital economy (digitalization) and degrowth model (degrowing). Accordingly, it is thought to give an up-to-date work for achieving sustainable development after the COVID-19 pandemic in the long term.
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