Indigenous economics
Indigenous economics is a field of economic study that explores the economic systems, practices, theories, and philosophies unique to indigenous peoples.[1] This approach to economics examines how such groups understand, interact with, and manage resources within their specific cultural contexts.[2] Indigenous economics puts emphasis on communal values, sustainability, and connection with land and environment.[3][4]
History
[edit]
Indigenous economics emerged in the latter half of the 20th century as scholars attempted to gain a broader understanding of the ways actual economies operated in places that had not adopted markets or government control as the primary approach to managing economic activity.[5][6] Globalization, colonialism, and sustainability are among the economic trends that affect such contexts.[7][8]
Concepts
[edit]Indigenous economics is rooted in the beliefs, norms, and values of individual indigenous communities. Certain concepts often arise:[7][9][10]
- Communal ownership and resource management: Resources such as land and water are often managed communally, with an emphasis on collective responsibility and stewardship.[11]
- Sustainability and long-term planning: Indigenous economic systems typically prioritize sustainability and ecological balance. Economic decisions consider long-term impacts on the community and the environment.
- Reciprocity and redistribution: Economic interactions often involve principles of reciprocity and redistribution.
- Holistic Approach: Indigenous economics consider economy activity in the context of cultural, spiritual, social, and environmental concerns.
See also
[edit]- Indigenization – form of cultural change
- Sustainable development – Mode of human development
- Indigenous rights – Legal, social, or ethical principles pertaining to indigenous peoples
References
[edit]- ^ Kelly, Dara; Woods, Christine (2021-06-02). "Ethical Indigenous Economies". Engaged Scholar Journal: Community-Engaged Research, Teaching, and Learning. 7 (1): 140–158. doi:10.15402/esj.v7i1.70010. ISSN 2368-416X. S2CID 264545435.
- ^ Butler, Richard (2021). "Research on Tourism, Indigenous Peoples and Economic Development: A Missing Component". Land. 10 (12): 1329. doi:10.3390/land10121329. ISSN 2073-445X.
- ^ "Indigenous Economic Development", Anthropology, Oxford University Press, 2021-11-23, doi:10.1093/obo/9780199766567-0273, ISBN 978-0-19-976656-7, retrieved 2023-10-07
- ^ Poyser, Andre; Daugaard, Dan (2023). "Indigenous sustainable finance as a research field: A systematic literature review on indigenising ESG, sustainability and indigenous community practices". Accounting & Finance. 63 (1): 47–76. doi:10.1111/acfi.13062. ISSN 0810-5391.
- ^ Engaging Indigenous Economy: Debating diverse approaches. Vol. 35. ANU Press. 2016. ISBN 978-1-76046-003-7. JSTOR j.ctt1d10hpt.
- ^ Anderson, Robert B.; Wingham, Dianne W.; Giberson, Robert J.; Gibson, Brian (2007), Campbell, Gwyn; Guibert, Nathalie (eds.), "Indigenous Economic Development: A Tale of Two Wineries", Wine, Society, and Globalization: Multidisciplinary Perspectives on the Wine Industry, New York: Palgrave Macmillan US, pp. 201–220, doi:10.1057/9780230609907_11, ISBN 978-0-230-60990-7, S2CID 157443835, retrieved 2023-10-07
- ^ a b Trosper, Ronald L. (2022). Indigenous economics: sustaining peoples and their lands. Tucson: University of Arizona Press. ISBN 978-0-8165-3345-9.
- ^ Gittos, Annette; Goodacre, Dana (2022). Unlocking Indigenous Peoples' Economic Potential in the AsiaPacific Region for a More Inclusive Recovery (PDF). Ministry of Business, Innovation and Employment, New Zealand. pp. New Zealand.
- ^ Coates, Ken; Holroyd, Carin (2022-04-12), "Participation of Indigenous peoples in global economic activity", Research Handbook on the International Law of Indigenous Rights, Edward Elgar Publishing, pp. 308–330, doi:10.4337/9781788115797.00027, ISBN 978-1-78811-579-7, retrieved 2023-10-07
- ^ Schulze, Hillmarè; Hurren, Konrad; Riley, Hannah (2021). Case Studies on Advancing Inclusive Economic Growth: Understanding and Valuing Indigenous Economies within APEC (PDF). Business and Economic Research Limited (BERL).
- ^ Swiderska, Krystyna. "Here's why Indigenous economics is the key to saving nature". International Institute for Environment and Development. Retrieved 2023-10-07.