New Political Economy, one of the most-read journals in political economy, has published an open-access article written in English and entitled Green economic planning for rapid decarbonisation. The article was written by two professors at the Copenhagen Business School, Cornel Ban and Jacob Hasselbalch. The article proposed a new research agenda centred on economic planning inspired by indicative planning from the post-war years.
Here is an excerpt of the abstract:
Our contribution is to call for an integrative agenda focused on ‘green economic planning’, a form of state-led decarbonisation whereby the state designs and implements structural complementarities between macro-financial architectures, industrial policy, and private sector incentives. Our evidence for this approach is taken from historical cases of indicative planning in post-war democracies, contemporary cases of sectoral planning by states, and finally, planning by multinational corporations. We draw not only on political economy but also on scholarship in the fields of business, environment, energy and economic history. The upshot is a new research agenda focusing on state planning capacity in hierarchical coordination institutions and multinational corporations as research laboratories for the study of the organisational and technological infrastructure needed for state planning.
The full article can be viewed here: https://www.tandfonline.com/doi/full/10.1080/13563467.2024.2434469