The Architecture of Green Economic Policies

After numerous scienti?c papers and books on most aspects of climate change and the design of pro-environmental policies (including some that suit some industrial lobby or another), is there relevance for another book and what is the purported role of this one? Is this yet another academic exercise or much ado about nothing? Do we have to bother designing green economic policies and incur transaction costs of this effort? Are there shortcomings of existing policies if we care to live happily on this planet? Is it not enough to care for the current generations so that the future generations can take care of themselves (or even be given the incentives for in- vations for lack of fully provided resources)? What can we do about the green economic policies (and what are these anyway)? What trade-offs, if any, are re- vant in foregoing some bene?ts and in incurring some costs (not all of which can be expressed in monetary units)? What are the overarching objectives and priorities in the current context? What economic and other approaches are relevant for atta- ing the objectives? These are some of the questions the author re?ected in writing this book.

Designs a pragmatic framework of "green economics" on a firm scientific foundation Analytical bases, policy case studies and operational approaches for economic policy formulation and implementation Coverage of policy and governance issues on local, corporate, national and international level Includes supplementary material: sn.pub/extras

Klappentext

The role of environmental analysis in economic policy making has remained largely limited despite vast literature on environmental economics and governance. An effective integration of economic and environmental sciences with pragmatic design of institutions and policies is still urgently needed for practical use. This book offers a policy framework for economic policies that meaningfully integrate environmental and ecological resource factors. Based on analyses and new insights on sustainable development, this book provides pragmatic approaches for economic policy formulation and implementation, as well as for institutional reform. Thematic aspects include trade and environment, poverty and environment, recognition and accounting of factor limitations beyond traditional economic analyses, and an efficient choice of market and regulatory regimes for effective economic, environmental and social governance.

"It is heartening that an outstanding economist like Prof. P K Rao has written this volume on the Architecture of Green Economic Policies. I believe it is only when economic policies assume a green hue that we would be able to make a dent on the increasing environmental problems that human society and all living species are going to face in the future."

Dr. RK Pachauri, Chairman, Intergovernmental Panel on Climate Change & Director General TERI

Inhalt
Basic Elements of Green Economics.- Analytical Methods of Green Economics.- Formulation of Green Economic Policies: Optimality, Efficiency and Equity.- Institutions and Policy Design.- Reform of Policies of Global Institutions.- Green Economic Policies: Corporate, Local and National Levels.- Green Economic Policies: Regional and Global Levels.- Policy Framework.- Concluding Observations.