Ecological Money and Finance: Exploring Sustainable Monetary and Financial Systems

ISBN-13: 9783031142314 / Angielski / Twarda / 2023 / 655 str.

Thomas Lagoarde-Segot

Opis

This book provides a detailed overview of ecological money and finance. The functioning and development of the monetary and financial systems are analysed in relation to sustainability constraints to highlight the actions required to meet the 2030 Sustainable Development Agenda. Empirical case studies are utilized to give insight into the failure of the traditional financial system, with ways in which they can be overcome also considered. This book adopts a pluralist perspective to revisit the foundations of financial and monetary economics from a sustainability perspective, and examines the economic and financial instruments that can be used to combat ecological challenges. It will be relevant to students and researchers interested in ecological economics and sustainable finance.

Spis treści

1. Introduction.- 2. Economy and reality.- 3. Economic systems and enterprises.- 4. Corporate governance: shareholders, employees, stakeholders.- 5. Sustainability, ownership and the role of shareholders.- 6. Understanding money.- 7. Understanding the monetary system.- 8. Balance sheets and economic circuit.- 9. An ecological macroeconomic model.- 10. International trade and the balance of payments.- 11. Macroeconomic equilibrium and the international financial architecture.- 12. The monetary system and the determination of interest rates.- 13. The finance-climate nexus.- 14. Understanding financial markets.- 15. Finance through a social science lens.- 16. Rules and regulation critique of the neoclassical theory.- 17. Asset management and regulatory issues.- 18. Asset management and sustainability.- 19. Crowdsourcing.- 20. Crowdlending.- 21. Social impact bonds.- 22. Mutual banks.

O autorze

Thomas Lagoarde-Segot is Professor of Economics at KEDGE Business School and Director of the Sustainable Finance Commission at SDSN France.

Blurb

“Our new age of sustainable development calls for a new age of economics and finance textbooks as well.  Bravo to the contributors to this exciting and pioneering book, demonstrating important new ways to re-think the financial system and its ethical foundations to align with the Sustainable Development Goals and the Paris Climate Agreement.” 

—Jeffrey D. Sachs, President of the UN Sustainable Development Solutions Network, University Professor at Columbia University.

 

“This textbook (…) should become a keystone text as we move forward towards reclaiming economics and finance as anthropocentric social sciences.”

 —Brian Lucey, Professor of Finance, Trinity College Dublin, University of Dublin.

"This book is an essential contribution to the development of humanist and ecological economic thought." 

—Nicolas Dufrêne, Director of the Institute Rousseau. 

This book provides a detailed overview of ecological money and finance. The functioning and development of the monetary and financial systems are analysed in relation to sustainability constraints to highlight the actions required to meet the 2030 Sustainable Development Agenda. Empirical case studies are utilized to give insight into the failure of the traditional financial system, with ways in which they can be overcome also considered. This book adopts a pluralist perspective to revisit the foundations of financial and monetary economics from a sustainability perspective, and examines the economic and financial instruments that can be used to combat ecological challenges. It will be relevant to students and researchers interested in ecological economics and sustainable finance.

Thomas Lagoarde-Segot is Professor of Economics at KEDGE Business School and Director of the Sustainable Finance Commission at SDSN France.