Uneconomic Growth

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Uneconomic Growth

Economic growth that reduces quality of life. It is sometimes difficult to determine what qualifies as uneconomic growth (some may argue that it is subjective). For example, one person may believe the advent of the Internet was positive because of the improved technology, business opportunities and other benefits it brought. However, another person may argue that the Internet has reduced people's connection to their own land and communities. One often considers environmental and social impacts when discussing uneconomic growth. See also: Degrowth.
References in periodicals archive ?
Uneconomic practices and illegal fishing sales contributed to a market glut of toro.
bubble economy--with huge trade deficits, scores of uneconomic enterprises, and myriad general imbalances--is an absolute credit and liquidity glutton.
They're now even more poorly run, subject to horrific accidents due to under-manning and cutting corners in safety; uneconomic but paying outrageous salaries and bonuses to fat-cat directors and shareholders.
For insiders, the newest and most unique general manager at the DWP noted that his department is going to concentrate on making Los Angeles better, not someplace in Utah - an oblique reference to the state in which the DWP has invested several billion dollars in a huge, coal-fired electric generation plant that has become uneconomic.
They're also vigilant against utility efforts, as part of deregulation, to pass along to rate payers all the costs of their"stranded assets" - the increasingly uneconomic, white elephant nuclear power plants that most of them have on their books.
Further, CIPS is not burdened with nuclear investment, regulatory assets, material off balance sheet liabilities, or uneconomic purchased power obligations.
If stock basis were not reduced, a later sale of the stock would "produce uneconomic loss or reduce economic gain.
Weak competitors have little option but destroy capital by reinvesting in uneconomic maintenance/replacement projects, as sitting on the sidelines is not an option.
WITH reference to Ray Davies' letter (You Say, August 5, "Nuclear's not an option") about nuclear energy being uneconomic in the US, and Germany moving from nuclear to renewables, I would like make a few important points: 1.
The new East End Pool and Library was only feasible with the closure of the outdated, uneconomic facilities in the area.
It does not mean that the cars are actually crushed, however, because although they are considered uneconomic to repair by insurance companies they are sold to third parties and often return to the roads anyway.
Schools were needed quickly and cheaply as post-war baby boomers reached secondary school age and were designed to last 50 years at the most and parts have reached the point of being uneconomic to repair.