No growth climate

Readers' Views No 298, Q1 2014
OECD Observer

Climate change is a result of humanity's overuse of resources. Technology cannot undo the damage done, neither can governments nor markets, since in both the prevailing paradigm is growth–being a truly suicidal ideology on a finite planet. 

Behaviourial change must start with the people in power, but these are immune to scientific reasoning on the one hand and unshakable believers in hope, optimism and technology on the other hand.

—Helmut Lubbers, commenting on

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©OECD Observer No 298, Q1 2014

Economic data

GDP growth: -9.8% Q2/Q1 2020 2020
Consumer price inflation: 1.3% Sep 2020 annual
Trade (G20): -17.7% exp, -16.7% imp, Q2/Q1 2020
Unemployment: 7.3% Sep 2020
Last update: 10 Nov 2020

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