Representing, reducing or removing complexity : indicators of sustainability and fiscal sustainability
Title: Representing, reducing or removing complexity : indicators of sustainability and fiscal sustainability
Series/Number: EUI RSCAS; 2014/78; Global Governance Programme-121; European, Transnational and Global Governance
During the last two decades numerous indicators measuring sustainability and its different dimensions have been created. The 2007 economic crisis led to increased scrutiny of public sector fiscal imbalances, and efforts to create more sophisticated measures of fiscal sustainability. The literature on this recent formulation and use of sustainability indicators is broad and contested. It however largely tends to focus on fiscal components, while wider meanings of sustainability are accounted for to a lesser degree. This working paper examines the conceptual and empirical questions relating to the production of indicators of sustainability, both in the sense of fiscal sustainability and sustainable development. It also discusses the uses of sustainability indicators.
Subject: Economic and financial crisis; Fiscal sustainability; Public debt; GDP; Sustainable development
This Working Paper is the elaboration of the discussion emerged during the workshop ‘Global Governance by Indicators : Sustainability and Sustainable Public Finances’ convened by the Global Governance Programme of the European University Institute in Florence on 10 and 11 April 2014. It is based on the workshop's background paper published as EUI RSCAS WP 2014/77 available at: http://hdl.handle.net/1814/31913
Type of Access: openAccess
Initial version: http://hdl.handle.net/1814/31913