The sixth chapter summarises the results of Chaps. 4 and 5 while comparing the eco-social policy discourses of the OECD and the World Bank. This chapter aims to identify similarities, differences and nuanced perspectives within the eco-social policy discourses of these two international organisations. The comparative analysis indicates that both the OECD and the World Bank share common themes and objectives in their eco-social policy discourses. Both organisations acknowledge the detrimental relationship between economic growth and environmental protection, recognising the need for more sustainable approaches to economic development. They both advocate for an integrated perspective that considers both environmental and social dimensions in policy-making. The concepts of a “just transition” and the importance of supporting vulnerable groups during the shift towards sustainable development are also present in both organisations’ discourses. However, despite these similarities, the comparative analysis also highlights key differences in their approaches to eco-social policy. The OECD demonstrates a more nuanced and detailed understanding of the interconnections and tensions between environmental and social policies. The OECD also, to a certain degree, adopts a more critical perspective on the role of economic growth, questioning the traditional growth-based policy paradigms. Furthermore, the OECD promotes more elaborated themes on government intervention that resembles the Green Keynesianism perspective. While the World Bank’s eco-social policy discourse has also some elements of green Keynesianism, it is more inclined towards green economy that promotes market-based solutions and the involvement of the private sector in achieving environmental and social policy objectives. Also, the World Bank places a stronger emphasis on infrastructure projects and technology, while the OECD focuses more on the “knowledge economy”. Differences are explained with the organisations’ different policy foci and epistemic communities.

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Comparing the OECD and the World Bank: Different Eco-Social Emphases

  • Robin Schulze Waltrup

摘要

The sixth chapter summarises the results of Chaps. 4 and 5 while comparing the eco-social policy discourses of the OECD and the World Bank. This chapter aims to identify similarities, differences and nuanced perspectives within the eco-social policy discourses of these two international organisations. The comparative analysis indicates that both the OECD and the World Bank share common themes and objectives in their eco-social policy discourses. Both organisations acknowledge the detrimental relationship between economic growth and environmental protection, recognising the need for more sustainable approaches to economic development. They both advocate for an integrated perspective that considers both environmental and social dimensions in policy-making. The concepts of a “just transition” and the importance of supporting vulnerable groups during the shift towards sustainable development are also present in both organisations’ discourses. However, despite these similarities, the comparative analysis also highlights key differences in their approaches to eco-social policy. The OECD demonstrates a more nuanced and detailed understanding of the interconnections and tensions between environmental and social policies. The OECD also, to a certain degree, adopts a more critical perspective on the role of economic growth, questioning the traditional growth-based policy paradigms. Furthermore, the OECD promotes more elaborated themes on government intervention that resembles the Green Keynesianism perspective. While the World Bank’s eco-social policy discourse has also some elements of green Keynesianism, it is more inclined towards green economy that promotes market-based solutions and the involvement of the private sector in achieving environmental and social policy objectives. Also, the World Bank places a stronger emphasis on infrastructure projects and technology, while the OECD focuses more on the “knowledge economy”. Differences are explained with the organisations’ different policy foci and epistemic communities.