Doughnuts are popular in Devon
Posted on 14 Dec 2021 Categories: Blog, Cross-posts, New economic models Related Tags: Doughnut Economics
by The Alternative UK
We have long seen Devon and the English South-West as a social, economic and cultural laboratory for what might look like an “ecological civilisation”. So it’s perfectly logical that social entrepreneurs and activists in Devon should take up and embrace one of the most powerful models and methods towards that future – Kate Raworth’s Doughnut Economics model.
The video about gives an account of the Devon Doughnut, tied to their success as winners of the economic development category in the Place Marketing Forum in France, this September.
Their stated challenges are: “Could a dashboard of some kind help to provide a picture of how Devon is faring ecologically and economically? Would this be useful to people living and working here? If so, how, and to do what?”
What does Doughnut Economics mean in Devon? Wikipedia describes the Doughnut, or Doughnut economics, as ‘a visual framework for sustainable development’, the name deriving from the shape of the diagram, ie a disc with a hole in the middle. The hole in the middle of the model depicts the proportion of people that lack access to life’s essentials (healthcare, education, etc) while the outside of the disc represents the ecological ceilings or planetary boundaries that must not be overshot. The diagram was developed by Oxford economist Kate Raworth in the Oxfam paper A Safe and Just Space for Humanity and elaborated upon in her book Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist.

See our archive on doughnut economics.
This was originally posted on The Alternative UK blog on 15th September 2021.
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Posted on 14 Dec 2021 Categories: Blog, Cross-posts, New economic models Related Tags: Doughnut Economics