by Kate Raworth

Overview

Doughnut Economics (Kate Raworth, 2017) redefines the goal of economics: instead of maximising GDP growth, the aim is to meet the needs of all people within the means of the living planet. The metaphor of a doughnut captures this:

The framework is a visual synthesis of two bodies of work: the UN Sustainable Development Goals (social floor) and Rockström’s planetary boundaries (ecological ceiling). The doughnut has been adopted as a planning framework by the City of Amsterdam, and influenced the Wellbeing economy movement.

Connection to Earth for All

“Earth for All” (Club of Rome, 2022) can be read as a quantitative, policy-operational version of doughnut economics: the Giant Leaps are five policy packages specifically designed to lift humanity above the social floor while staying below the ecological ceiling. The Earth4All model provides the system-dynamics modelling that doughnut economics lacks — quantifying which interventions are necessary and in what order.

Resources