Economics

Doughnut Economics and GrowGood

Doughnut Economics and GrowGood

Introduction Kate Raworth’s “Doughnut Economics” presents a compelling model for 21st-century prosperity, one that rejects the endless pursuit of GDP growth in favour of a more balanced goal. The “Doughnut” itself is a visual framework representing a safe and just space for humanity. It consists of two concentric rings: The Social Foundation (Inner Ring): This outlines the basic standards of living—such as food, water, housing, and political voice—that no one should fall below. The Ecological Ceiling (Outer Ring): This represents the nine planetary boundaries, such as climate change and biodiversity loss, that humanity must not overshoot to protect Earth’s life-support systems. The goal is to operate within the Doughnut’s green ring: the space where we can meet the needs of all people within the means of the living planet.

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