| DOI: | 10.1002/wcc.257
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| Scopus记录号: | 2-s2.0-84890382861
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| 论文题名: | Criticizing green stimulus |
| 作者: | Brahmbhatt M
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| 刊名: | Wiley Interdisciplinary Reviews: Climate Change
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| ISSN: | 17577780
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| 出版年: | 2014
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| 卷: | 5, 期:1 | | 起始页码: | 15
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| 结束页码: | 21
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| 语种: | 英语
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| 英文关键词: | Climate change
; Counter-cyclical
; Economic activities
; Fiscal policies
; Global economic crisis
; Green infrastructure
; Green stimuli
; Policy instruments
; Renewable energies
; Economics
; economic activity
; empirical analysis
; environmental economics
; financial crisis
; fiscal policy
; global economy
|
| 英文摘要: | The outbreak of the global economic crisis in 2008 led to a revival of interest in fiscal policy as an instrument for counter-cyclical stimulus. A feature of this revival was a focus on undertaking 'Green Stimulus' as a way to stimulate short-run economic activity while also advancing long-term environmental goals, such as tackling climate change. The thesis of this paper is that, while some elements of Green Stimulus may have met the stated dual objectives, many are likely to have been relatively ineffective as fiscal stimulus, or as green instruments, or as both. We note some general reasons to qualify the case for Green Stimulus before taking a look at the limited empirical evidence on the effectiveness of Green Stimulus, as well as at some flaws of specific Green Stimulus policy instruments adopted in many countries, for example Renewable Energy and 'Green Infrastructure'. Finally why, if green stimulus is likely to be relatively ineffective, has it garnered so much support? The answer perhaps lies in the realm of politics rather than economics, in particular the famous 'Rahm Emmanuel Doctrine' that 'you never want a serious crisis to go to waste'. © 2013 John Wiley & Sons, Ltd. |
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| 资源类型: | 期刊论文
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| 标识符: | http://119.78.100.158/handle/2HF3EXSE/76328
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| Appears in Collections: | 影响、适应和脆弱性
气候变化与战略
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作者单位: | Poverty Reduction and Economic Management (PREM) Network, The World Bank, Washington, DC, United States
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| Recommended Citation: | |
Brahmbhatt M. Criticizing green stimulus[J]. Wiley Interdisciplinary Reviews: Climate Change,2014-01-01,5(1)
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