Topic

Economy

Commentary

Doomed to grow or ready to transform?

Economic growth used to be a cause that had effects, and the desired and expected effects were a matter of political and public debate until the 1990s recession. The meanings and expectations towards growth changed over time, and the idea of economic growth evolved within the debates and the very varied perspectives to growth. Our report “Doomed to Grow” calls for acknowledging growth’s historical recent origins and past pluralism in how economic growth has been discussed.

Imaginaries on Sustainability Transformation – Report outlines three positive futures

Imagining futures where society has successfully undergone a sustainability transformation helps us envision a world in which today’s major negative trends have been brought under control. But what kind of positive futures have been proposed in recent years? At the request of the Finnish Expert Panel for Sustainable Development, Demos Helsinki conducted a literature review and drafted three preliminary visions of such futures.

Innovating urban development: Lessons from M4EG & moving beyond growth

Two key lessons from our work in the Mayors for Economic Growth project, in collaboration with UNDP Europe and Central Asia: 1) Innovation needs to occur at multiple levels and 2) If we’re to be effective, we must remain humble.

What’s going on with GDP? Rethinking economic success

For decades, GDP has stood unchallenged as the primary measure of economic success. As calls to move beyond GDP grow, two approaches have risen to prominence: supplementing it with broader measures, or abandoning it altogether to redefine economic success. What is the best path forward in the debate on GDP?

What if: Mental health through transforming the economy

What if solving the mental health crisis requires transforming the economy itself? Here, we challenge the conventional focus on individual treatments and call for a systemic shift towards addressing the socioeconomic drivers behind mental health issues.

For a wellbeing economy, we need to transform governance

The wellbeing economy offers a new framework for governance, with wellbeing as the core objective for policy. Despite its potential, governments struggle to integrate wellbeing into governance effectively. Demos Helsinki’s work identifies key principles – participation, evidence, measurement, and long-term investments – to bridge the gap between purpose and practice, shaping a governance framework that places human and planetary wellbeing at the heart of economic strategy.

Publications

Towards an inclusive sufficiency narrative

In this Editorial, we tackle perhaps the most urgent issue of our time – the need to orient lives more towards sufficiency. Achieving such a transformation also requires a parallel paradigm shift in science. In this Editorial, we have two guest authors, Teemu Koskimäki and Aleksi Neuvonen, who are members of the SISU Consortium doing research on sufficiency transition in Finland.

Trade-offs in expanding citizen participation in low-carbon transitions : Seven transition arena experiments

Amid the complex and persistent challenges of sustainability transitions, experimental governance has emerged as a way to foster reflexivity, learning, and policy innovation through diverse participatory practices. This paper examines the role of transition arena methodologies in expanding and deepening civic engagement in low-carbon transitions, specifically through seven experimental processes focused on “climate-wise housing” in Finland in 2023. These experiments combined digital and in-person facilitation in an attempt to involve citizens in co-producing actionable insights on climate-smart behaviors, building renovations, and renewable energy adoption, hitherto directing the envisioned transition. The research explores three “avenues” of widening participation in transition arenas, namely expanding, complementing, and opening such arenas to explore questions regarding the potential and limitations of widening transition arena participation and the impact of such breadth on the depth of citizen engagement. Findings highlight trade-offs between different scopes and modes of citizen participation and reveal how participatory processes shape public engagement and policy responsiveness. By suggesting four implications on designing and implementing citizen engagement processes, the study contributes to a nuanced understanding of participation in transition governance and its implications for sustainability transformations.

Doomed to Grow?

The report provides insights into how the dominant ways of thinking about growth have taken shape and become entrenched: What has changed over the decades? And what might the future look like? Finnish discourse is also placed in the broader context of international societal and scientific debates, as well as global shifts in the operating environment.

Projects

ATARCA: Scientific Foundation for Anti-Rival Compensation and Governance Technology

The objective of the Accounting Technologies for Anti-Rival Coordination and Allocation (ATARCA) is to create new decentralised technology, “anti-rival tokens” and new policies to enable decentralised, market-style trading and ecosystems for anti-rival goods and to explore the opportunities of “anti-rival tokens” to build more sustainable data economy.

VITO – employment impacts of climate policy

The challenge: Finland strives to combine more ambitious climate targets than the rest of the EU with an employment rate of 75%. Climate policy is bound to contribute to accelerating economic and labour restructuring, with the labour market creating both new jobs and greener occupations. At the same time particularly…

Smart Lands: a multimodal approach for sustainable cross-border transit

A statement by TELT and Demos Helsinki for the Mediterranean Corridor of the TENT-T network Upon our imminent return to a world connected through travel, we have to face the challenge of respecting the environment while also supporting the transport industry. TELT, the French-Italian public promoter of the cross-border section…

People

Themes