Synopses & Reviews
Recent theories of economic growth, fiscal policy and the open economy have important implications for "sustainable development." Papers in this volume, derived from a Centre for Economic Policy Research joint conference with the OECD Development Centre, examine the implications of explicitly incorporating resource depletion, pollution abatement and sustainability into orthodox economic theory, while also injecting a macroeconomic debate on the environment.
Review
'\"...I recommend the volume wholeheartedly. The editors, authors, and discussants all deserve credit for providing a great number of useful and timley insights.\" Journal of Economic Literature\"...well written, adequately referenced, and suitably placed in context. Libraries serving advanced students and research faculties engaged in the consideration of sustainable economic activity on a finite planet would do well to highlight this volume on their shelves.\" Choice'
Synopsis
Examines the implication for orthodox economic theory of explicitly considering resource depletion, pollution abatement and sustainability.
Synopsis
This volume focuses on the issue of sustainability, examining the implications for orthodox economic theory, of explicitly considering resource depletion, pollution abatement and sustainability. New insights are provided by injecting an economy-wide dimension into the largely microeconomic debate on the environment.
Synopsis
Many published studies of 'sustainable development' have paid little attention to its links with mainstream macroeconomics, but recent theories of economic growth, fiscal policy and the open economy have important implications for sustainability. This volume examines the implications for orthodox economic theory of explicitly considering resource depletion, pollution abatement and sustainability. New insights are provided by injecting an economy-wide dimension into the largely microeconomic debate on the environment.
Table of Contents
List of figures; List of tables; Preface; Acknowledgements; List of conference participants; 1. Economic policies for sustainable development Ian Goldin and L. Alan Winters; Part I. Growth and the Environment: 2. Pollution and growth: what do we know? Gene M. Grossman; Discussion Gilles Saint-Paul; 3. Does sustainability require growth? Richard Baldwin; Part II. Sustainability: 4. What sustains economic development? Maurice Scott; Discussion Constantino Lluch; 5. Optimal development and the idea of net national product Partha Dasgupta; Appendix; Discussion Philippe Aghion; 6. Sustainable growth and the green golden rule Andrea Beltratti, Graciela Chichilnisky and Geoffrey Heal; Discussion Alistair Ulph; Part III. Domestic Policy: 7. Economic policies for sustainable resource use in Morocco Ian Goldin and David Roland-Holst; Appendix; Discussion Jaime de Melo; 8. Energy pricing for sustainable development in China Rosemary Clarke and L. Alan Winters; Appendices; Discussion Athar Hussain; Part IV. International Policy Coordination: 9. Carbon abatement, transfers and energy efficiency Jean-Marc Burniaux, John P. Martin, Joaquim Oliveira-Martins and Dominique van der Mensbrugghe; Appendix; 10. Policy coordination for sustainability: commitments, transfers, and linked negotiations Carlo Carraro and Domenico Siniscalco; Discussion Marcus Miller and Lei Zhang; 11. Industrial competitiveness, environmental regulation and direct foreign investment Ravi Kanbur, Michael Keen and Sweder van Wijnbergen; Discussion Jean-Claude Berthélemy; Index.