The city of Amsterdam this week officially decided to embrace what has come to be known as “The Doughnut Model,” a framework for sustainable development created by Oxford University economist Kate Raworth.
In adopting this model, which attempts to balance the needs of people without harming the environment, the city hopes to emerge from the cloud of Covid-19 elbows out, with new purpose. The Dutch capital is the first city in the world to commit to the model, making it an economic experiment of a sort.
At the simplest level, the model makes the controversial case that a growing economy and ever-expanding GDP aren’t necessarily signs of economic health. .