Green Industrial Policy in Emerging Countries by Anna Pegels
For decades, governments have tried to promote industrial competitiveness and economic growth. Many tools are known to work, and many lessons have been learned. However, humanity is increasingly concerned about…
Green Industrial Policy in Emerging Countries synopsis
For decades, governments have tried to promote industrial competitiveness and economic growth. Many tools are known to work, and many lessons have been learned.
However, humanity is increasingly concerned about the effects of depletion of natural resources. The rate of this depletion is largely unsustainable and, to date, is closely linked to economic growth and development.
To maintain the acceptable living conditions of future generations, while at the same time creating conditions for millions of poor people in the first place, we must achieve the deregulation of economic activity and the depletion of resources. This book identifies the drivers and success factors of green industrial policy, which seeks to reconcile the synergies and tradeoffs between economic and environmental objectives.
Greening the economy is a goal that will require huge investments. As markets are currently failing to provide the incentives required for environmental sustainability, governments must intervene and provide "policy leases" to invest in sustainability while withdrawing rents from polluting investments.
In this they will face the risk of political seizure by interest groups and difficult choices between techniques. So rent management is the heart of the green industrial policy and the focus of this book.
In addition, the country examples in this volume focus on emerging forces, which will have an important impact on the future of our planet. However, the lessons learned are valuable not only for countries with green industrial policies for the first time, but also for those who are under pressure to reform existing policies.
This book will be of interest to students, researchers and policy makers in the fields of energy policy, sustainable development, industrialeconomics and environmental economics.
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