Download or read book Rethinking Macroeconomics for Sustainability written by Alejandro Nadal and published by Bloomsbury Publishing. This book was released on 2011-01-13 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomic policies have devastating effects on the environment. They shape the economic processes that drive deforestation, soil erosion, the exhaustion of living marine resources, greenhouse gas emissions, and the massive loss of biodiversity. Despite this, the vital connection between macroeconomic policies and the environment has thus far received little attention by the academic and the policy-making communities. Rethinking Macroeconomics for Sustainability reveals the linkages between monetary, financial and fiscal policies, and the environmental degradation that threatens the planet's biosphere. In doing so, it examines the complex lines of transmission from policy priorities all the way down to the effects at the local level, as well as analyzing the deep-seated relationship between macroeconomic policy models and their impacts on growth, peoples' livelihoods and the environment. Besides exploring the relation between macroeconomic and climate change policies, as well as efforts to 'green' the world economy, the book considers five key case studies in Latin American economies. Going beyond this, it also sets out specific policy recommendations, both at the national and international levels. All this is based on the incontrovertible premise that macroeconomic policies must to be redesigned in order to attain long-term sustainability objectives, and that monetary and fiscal policies are as important for environmental stewardship as they are for growth and prosperity.
Download or read book Rethinking Macroeconomics for Sustainability written by Alejandro Nadal Egea and published by . This book was released on 2021 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rethinking Macroeconomics for Sustainability analyses the deep-seated relationship between macroeconomic policy models and their impact on growth, people's livelihoods and the environment. Examining key thematic problem areas and setting out policy recommendations, Alejandro Nadal argues that monetary, financial and fiscal policies, as important for environmental stewardship as they are for growth and prosperity, must be redesigned if we are to achieve long-term sustainability.
Download or read book Rethinking Macroeconomics for Sustainability written by Alejandro Nadal and published by Bloomsbury Publishing. This book was released on 2011-01-13 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomic policies have devastating effects on the environment. They shape the economic processes that drive deforestation, soil erosion, the exhaustion of living marine resources, greenhouse gas emissions, and the massive loss of biodiversity. Despite this, the vital connection between macroeconomic policies and the environment has thus far received little attention by the academic and the policy-making communities. Rethinking Macroeconomics for Sustainability reveals the linkages between monetary, financial and fiscal policies, and the environmental degradation that threatens the planet's biosphere. In doing so, it examines the complex lines of transmission from policy priorities all the way down to the effects at the local level, as well as analyzing the deep-seated relationship between macroeconomic policy models and their impacts on growth, peoples' livelihoods and the environment. Besides exploring the relation between macroeconomic and climate change policies, as well as efforts to 'green' the world economy, the book considers five key case studies in Latin American economies. Going beyond this, it also sets out specific policy recommendations, both at the national and international levels. All this is based on the incontrovertible premise that macroeconomic policies must to be redesigned in order to attain long-term sustainability objectives, and that monetary and fiscal policies are as important for environmental stewardship as they are for growth and prosperity.
Download or read book Toward Social Ecological Well Being written by Éloi Laurent and published by Springer Nature. This book was released on 2023-09-14 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the deep economic causes of environmental unsustainability and offers a new vision to rebuild sustainability economics. While sustainability scholars are hard at work with documenting the tangible systemic crisis of our Biosphere, the economic roots of this crisis are rarely exposed, examined nor addressed. This book’s central contribution to sustainability studies is to argue that what we should sustain is not economic growth but social-ecological well-being defined as a combination of planetary health, cooperation and justice resulting in human holistic prosperity. The long-term prosperity of humanity indeed relies on generating health and fostering cooperation informed by justice: social-ecological well-being should be the cornerstone of sustainability economics for the 21st century. Within this framework, this book attempts to explain why the three key dimensions of sustainability are jointly in crisis, show what vision can articulate those dimensions to rethink sustainability economics for our century, what practical policies should be undertaken to give life to these visions before concluding on the need to reinvent the narratives that sustain economic analysis.
Download or read book An Introduction to Ecological Economics written by Robert Costanza and published by CRC Press. This book was released on 2014-12-02 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Empty-World Economics to Full-World EconomicsEcological economics explores new ways of thinking about how we manage our lives and our planet to achieve a sustainable, equitable, and prosperous future. Ecological economics extends and integrates the study and management of both "nature's household" and "humankind's household"-An Introduction to
Download or read book Rethinking Economic Growth from an Environmental Macroeconomics Perspective written by Salman Arshad and published by . This book was released on 2015 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses selected neoclassical economic growth models from an environmental macroeconomics perspective in the context of Greece. Discussion includes existing literature on reformulation of the underlying neoclassical production function to include environment as a factor input. Revisions to these economic growth models, mainly the Harrod-Domar and Swan-Solow models are reviewed with reference to the revised growth models developed by Thampapillai and Sinden (2013). Discussion on firm and consumer theory is also included considering the role they play in development of national policies. The paper attempts to further modify Thampapillai and Sinden's (2013) models for improvements in order to obtain more robust results for the utilization of environmental capital (KN) as a determinant of national income. These improvements are considered in terms of three propositions. The first proposition focuses on the recalculation of KN using a time variant price for emissions based on the concept of relative scarcity. The second proposition discusses estimation of accumulated KN utilization. The third proposition reconsiders the Cobb-Douglas factor utilization function by including KN as a separate factor rather than a composite of capital. Importance of linking consumer and firm theories with economic growth theories is also emphasized for ensuring sustainability.
Download or read book Rethinking Sustainability written by Jonathan M. Harris and published by University of Michigan Press. This book was released on 2003-03-05 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: DIVProvides important guideposts toward a more complete theory of sustainable human and economic development /div
Download or read book Rethinking Sustainable Development written by Seck TAN and published by Taylor & Francis. This book was released on 2024-06-03 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates falsified economic performance of global economies when the environment is not recognised as a capital, and when the ecosystem is overlooked towards sustainable development. Seck begins with an analysis of standard macroeconomic framework and policy practice. He argues, with reference to environmental accounting literature, that environmental capital must form an integral component of economic measurement. This paves the way for an alternative environmental-macroeconomics framework for policy analysis that promotes sustainable development. The book demonstrates how environmental capital can be measured with reference to select OECD countries and provides a methodology for analysing how macroeconomic goals are related to a steady-state economy. Seck then concludes with a summary of the conflict between current economic growth and ecosystem preservation, and outlines possible policy improvements and directions for research. Rethinking Sustainable Development is an invaluable reference for policymakers as well as researchers and students of environmental economics, sustainable development, and macroeconomics.
Download or read book Macroeconomic Policies for Sustainable Growth written by Mohan Munasinghe and published by Edward Elgar Publishing. This book was released on 2006-05-25 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The state-of-the-art studies in this volume are to be warmly welcomed. The authors successfully explore the economic, environmental and social consequences of policy-failures, and identify practical corrective measures.' - Charles Perrings, President, International Society for Ecological Economics (ISEE) Macroeconomic policies have come under justifiable scrutiny because of their powerful and pervasive impacts throughout the economy. This book examines the sustainability of growth-oriented macroeconomic strategies, starting from early ideas linking macroeconomic policies, growth and sustainability. A comprehensive and up-to-date literature review and theoretical framework are presented, including both macroeconomic and microeconomic analyses of the linkages between the economy and the environment.
Download or read book Measuring Sustainable Development written by Giles Atkinson and published by Edward Elgar Publishing. This book was released on 1997 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demonstrates how various indicators can be developed and used by macroeconomists to determine whether or not economic development programs and policies are on a path of environmental sustainability. Among them are the physical indicators, resource and environmental accounting, savings and empirical measurement, ecological indicators, income distribution and social needs, and the assessment of structural adjustment policies. Concludes that the most crucial element is a greater awareness of the effects and possible effects economic development has on the environment and human well being. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Macroeconomics and the Environment written by Mohan Munasinghe and published by Edward Elgar Publishing. This book was released on 2002 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text brings together a collection of 29 papers, authored by over 50 international experts, mostly during the last decade, and previously published in various books and journals. The collection traces the development of key ideas on macroeconomics and the environment. Grouped into five sections, the essays focus on early articles linking the macroeconomy with the environment; general surveys of the relationship between economic growth and environmental degradation, and empirical reviews of the environmental impacts of structural adjustment and other macroeconomic interventions of the past twenty years, especially in developing countries; mathematical models incorporating environmental variables into macroeconomic frameworks, and practical country case studies; the linkages between international trade and the environment; and progress on the greening of the system of national accounts. No subject index. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Sustainable Wellbeing Futures written by Robert Costanza and published by Edward Elgar Publishing. This book was released on 2020-05-29 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ecological economics can help create the future that most people want – a future that is prosperous, just, equitable and sustainable. This forward-thinking book lays out an alternative approach that places the sustainable wellbeing of humans and the rest of nature as the overarching goal. Each of the book’s chapters, written by a diverse collection of scholars and practitioners, outlines a research and action agenda for how this future can look and possible actions for its realisation.
Download or read book Rethinking Capitalism written by Michael Jacobs and published by Wiley-Blackwell. This book was released on 2016-08-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Thought provoking and fresh - this book challenges how we think about economics.” Gillian Tett, Financial Times For further information about recent publicity events and media coverage for Rethinking Capitalism please visit http://marianamazzucato.com/rethinking-capitalism/ Western capitalism is in crisis. For decades investment has been falling, living standards have stagnated or declined, and inequality has risen dramatically. Economic policy has neither reformed the financial system nor restored stable growth. Climate change meanwhile poses increasing risks to future prosperity. In this book some of the world’s leading economists propose new ways of thinking about capitalism. In clear and compelling prose, each chapter shows how today’s deep economic problems reflect the inadequacies of orthodox economic theory and the failure of policies informed by it. The chapters examine a range of contemporary economic issues, including fiscal and monetary policy, financial markets and business behaviour, inequality and privatisation, and innovation and environmental change. The authors set out alternative economic approaches which better explain how capitalism works, why it often doesn’t, and how it can be made more innovative, inclusive and sustainable. Outlining a series of far-reaching policy reforms, Rethinking Capitalism offers a powerful challenge to mainstream economic debate, and new ideas to transform it.
Download or read book Balanced Growth written by Giulia Mennillo and published by Springer. This book was released on 2011-11-09 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is balanced growth? This book shows that the definitions and implications of the concept of balanced growth vary significantly among the different disciplines in economic science, but are not exclusive at all. Terms such as sustainability or balanced growth have become buzzwords. In practice, they are often a desirable vision rather than an achievable objective. Why? Doubts may arise about the extent to which such concepts are compatible with a modern market economy. Is balanced growth possible at all? Is it reasonable to accept balanced growth as a norm? Why should a balanced growth path be a desirable strategy to pursue for policymakers, managers, employees, and other societal stakeholders? Empirical evidence suggests that the actual worldwide economic growth is not balanced at all. Meanwhile, ever since the beginning of the financial and economic crisis in 2007 and its accompanying spillover effects, our globalizing world has uncompromisingly shown the flip side of its coin. Its crisis-prone character has intensified the discussion about our economic system’s sustainability. Questions related to acceptable sovereign debt levels, suitable trade deficits and surpluses, firms’ growth targets, resource management and efficiency have aroused high interest. What is the cause of the observed imbalances? In our opinion, this debate must involve rethinking the qualitative and quantitative dimension of our present understanding of the nature of economic growth. This book accompanies the 9th DocNet Management Symposium of the University of St. Gallen, Switzerland. It contains contributions of the symposium's panel speakers, renowned authors to the field and young researchers. The Ph.D. students’ and post-doctoral association DocNet organizes the DocNet Management Symposium on a yearly basis with the goal to foster exchange between academia and practitioners.
Download or read book Rethinking Macroeconomics written by Jeffrey D. Sachs and published by . This book was released on 2013 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: The crash of 2008 exposed deep failures at the core of macroeconomic policymaking and macroeconomic thinking in the United States. The crisis's rapid spread from its epicenter on Wall Street to nearly the entire world underscored the interconnectedness of the global economy. The American purveyors of the ancien régime hope that a few superficial fixes will get us back on our way. This is not to be. Sustained and widespread future prosperity will require basic reforms in global macroeconomic governance and in macroeconomic science. Such reforms are never easy, as they require new ways of thinking. Yet business as usual could prove calamitous. This essay describes the reform path.
Download or read book The Spirit of Green written by William D. Nordhaus and published by . This book was released on 2021-04 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a Nobel Prize-winning pioneer in environmental economics, an innovative account of how and why "green thinking" could cure many of the world's most serious problems -- from global warming to pandemics Solving the world's biggest problems -- from climate catastrophe and pandemics to wildfires and corporate malfeasance -- requires, more than anything else, coming up with new ways to manage the powerful interactions that surround us. For carbon emissions and other environmental damage, this means ensuring that those responsible pay their full costs rather than continuing to pass them along to others, including future generations. In The Spirit of Green, Nobel Prize-winning economist William Nordhaus describes a new way of green thinking that would help us overcome our biggest challenges without sacrificing economic prosperity, in large part by accounting for the spillover costs of economic collisions. In a discussion that ranges from the history of the environmental movement to the Green New Deal, Nordhaus explains how the spirit of green thinking provides a compelling and hopeful new perspective on modern life. At the heart of green thinking is a recognition that the globalized world is shaped not by isolated individuals but rather by innumerable interactions inside and outside the economy. He shows how rethinking economic efficiency, sustainability, politics, profits, taxes, individual ethics, corporate social responsibility, finance, and more would improve the effectiveness and equity of our society. And he offers specific solutions--on how to price carbon, how to pursue low-carbon technologies, how to design an efficient tax system, and how to foster international cooperation through climate clubs. The result is a groundbreaking new vision of how we can have our environment and our economy too.
Download or read book Rethinking Development Economics written by Ha-Joon Chang and published by Anthem Press. This book was released on 2003 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title represents the most forward thinking and comprehensive review of development economics currently available.
