2022 - Franco Angeli
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Talking about growth, the discourse of the European Central Bank, 1997-2021
P. 61-82
- The text proposes an analysis of the way the European Central Bank (ECB) considers the notion of economic growth or its limits and how the question of environmental risk has become an issue for it. For this purpose, an analysis of the speeches of the members of its board is carried out over the period 1997-2021. An automated statistical analysis of the corpus reveals the standard approach to growth adopted by the ECB. This is followed by a more qualitative reading of the discourse, which shows that the notions of sustainability and the climate crisis are becoming increasingly important in the rhetoric of the ECB, without leading to a radical revision of the way growth is conceived or to a questioning of its limits. In order to expand its discourse and action in the climate field, the ECB is rather pro-ceeding by superimposition, adding new ideas rather than replacing its initial paradigm. In doing so, it protects the legitimacy of its mandate and its epistemic credibility. [Publisher's text]
Fa parte di
History of Economic Thought and Policy : 1, 2022-
Informazioni
Codice DOI: 10.3280/SPE2022-001004
ISSN: 2280-188X
PAROLE CHIAVE
- European central bank, textual analysis, growth, climate change
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