A macro-financial regime for democratically planned degrowth

This event is part of a trilogy of webinars featuring experts in the fields of industrial policy, monetary-fiscal coordination,we are joined by experts in the fields of industrial policy, monetary-fiscal coordination and post-growth macroeconomic regimes. Each session will delve into a specific angle of the finance question and aim to raise awareness and critical thinking on issues that are central to the transformations of our economies and the safeguard of our planet.

A macro-financial regime for democratically planned degrowth 

Contemporary macro-financial regimes fail to live up to the social and ecological transformations of our economies. Neither is enough funding made available for essential renewable infrastructure and social services nor is private finance sufficiently constrained to phase-out existing and prevent further fossil and other socially and environmentally damaging industries.   

What are the shortcomings of existing macro-financial regimes to support a fully-fledged social-ecological transformation and what could a post-growth macro-financial regime look like? Elena will present a framework to grasp these challenges and discuss levers in distinct policy areas, including monetary reform, monetary-fiscal coordination and democratic planning. Her talk will be followed by a 20min Q&A 

Elena Hofferberth is a postdoctoral researcher at the University of Lausanne. In her research, she explores macroeconomic and political-economy challenges and possibilities in a post-growth economy. Elena is the principal researcher of the CliMacro project and a friend of the REAL project, where she works on post-growth policies, including monetary reform, monetary-fiscal coordination, and new modes of democratic ecological coordination of the macroeconomy. Elena holds a PhD in Economics from the University of Leeds.