Cover image for A global green new deal : rethinking the economic recovery
Title:
A global green new deal : rethinking the economic recovery
Personal Author:
Publication Information:
Cambridge ; New York : Cambridge University Press, c2010
Physical Description:
xxiii, 308 p. : ill. ; 24 cm.
ISBN:
9780521763097

9780521132022

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30000010262013 HC79.E5 B374 2010 Open Access Book Book
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Summary

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.


Reviews 1

Choice Review

What policies should be instituted to ensure that the world economy is on a more economically and environmentally viable recovery path? The purpose of this book is to provide a comprehensive answer to this question. Barbier (Univ. of Wyoming) contends that once the world economy recovers, it must depart from a "business as usual" growth path to avoid future global economic and environmental crises. Therefore, Barbier asserts we now need to implement a "global green new deal." This new deal requires three things. First, we need to revive the world economy. Second, we need to reduce carbon dependency, ecosystem degradation, and water scarcity. Finally, we need to promote the Millennium Development Goal of ending acute poverty by 2025. One can certainly quibble with the author's contention that the recent financial crisis did not arise because of lax regulations. In addition, there is needless repetition in the material presented in the main text and in the many boxes. Nevertheless, this volume provides a useful introductory perspective on a strategy for ensuring the sustainability of the world economy's future growth trajectory. Summing Up: Recommended. All readership levels. A. A. Batabyal Rochester Institute of Technology


Table of Contents

List of figures
List of tables
List of boxes
Author's preface
Acknowledgements
Foreword
Part I Why a Global Green New Deal?
1 Introduction: opportunity from crisis
Part II The Key Components of a Global Green New Deal
2 Reducing carbon dependency
3 Reducing ecological scarcity
4 Challenges facing developing economies
5 National priorities for a global green new deal
Part III The Role of the International Community
6 Promoting global governance
7 Facilitating access to finance
8 Enhancing trade incentives
9 Conclusion: international priorities for a global green new deal
Part IV Towards a Greener World Economy
10 Summary of recommendations
11 Will a global green new deal succeed?
12 Beyond a green economic recovery
Appendices
Glossary