A Global Green New Deal: Rethinking the Economic Recovery

by Edward B. Barbier

• ISBN13: 9780521763097
• ISBN10: 0521763096
• Format: Hardcover
• Copyright: 2010-06-07
• Publisher: Cambridge University Press

Summary

Meeting the short run challenges of reviving the worldwide economy need not mean sacrificing long run economic and environmental sustainability. A Global Green New Deal (GGND) is an economic policy strategy for ensuring a more economically and environmentally sustainable world economic recovery. Reviving growth and creating jobs should be essential objectives. But policies should also aim to reduce carbon dependency, protect ecosystems and water resources, and alleviate poverty. Otherwise, economic recovery today will do little to avoid future economic and environmental crises. Part One argues why a GGND strategy is essential to the sustainability of the global economy. Part Two provides an overview of the key national policies whilst Part Three focuses on the global actions necessary to allow national policies to work. Part Four summarizes the main recommendations for national and international action, and discusses the wider implications for restructuring the world economy towards 'greener' development.

Author Biography

Edward B. Barbier is the John S. Bugas Professor of Economics in the Department of Economics and Finance, university of Wyoming. He has over twenty-five years' experience as an environmental and resource economist, working mainly on the economics of environment and development issues. He is the author of many books on environmental policy, including Natural Resources and Economic Development (Cambridge University Press, 2005) and, with David Pearce, Blueprint for a Sustainable Economy (2000).
"Professor Barbier asks many questions about-and puts forward a thought-provoking argument on - how to build a more sustainable economy as we recover from the worst economic downturn since the Great Depression. His book makes a valuable contribution to the ongoing debate."
Caio Koch-Weser, vice-Chairman, Deutsche Bank

Table of Contents

List of figures

List of tables

List of boxes

Author's preface

Acknowledgements

Foreword

Why a Global Green New Deal?

Introduction: opportunity from crisis

The Key Components of a Global Green New Deal

Reducing carbon dependency

Reducing ecological scarcity

Challenges facing developing economies

National priorities for a global green new deal

The Role of the International Community

Promoting global governance

Facilitating access to finance

Enhancing trade incentives

Conclusion: international priorities for a global green new deal

Towards a Greener World Economy

Summary of recommendations

Will a global green new deal succeed?

Beyond a green economic recovery

Appendices

Glossary

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