Wild Card's progress: basic
This Wild Card came from:
European Commission Framework Programme for RTD
The theme/scheme related to this Wild Card:
Theme 6 - Environment (including Climate Change)
The sub-theme that best relates to this Wild Card:
Forecasting methods and assessment tools for sustainable development taking into account differing scales of observation
Likelihood timeframe and scenario features :
now-2050+
Wild Card's description
Collapse of major national bank is a catalyst for new forms of cooperative ownership of basic services, in a peripheral country e.g. Ireland, Portugal, Latvia. A sudden focus on sustainable consumption helps to undermine conventional market structures. These brings a rapid increase in unemployment, however these people can enjoy life more than before.