Growth Debt And Climate
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Author | : World Bank |
Publisher | : World Bank Publications |
Total Pages | : 444 |
Release | : 2009-11-06 |
Genre | : Political Science |
ISBN | : 0821379887 |
In the crowded field of climate change reports, 'WDR 2010' uniquely: emphasizes development; takes an integrated look at adaptation and mitigation; highlights opportunities in the changing competitive landscape; and proposes policy solutions grounded in analytic work and in the context of the political economy of reform.
Author | : |
Publisher | : |
Total Pages | : 0 |
Release | : 2023 |
Genre | : |
ISBN | : 9789213584866 |
Author | : Guy Deutscher |
Publisher | : World Scientific |
Total Pages | : 168 |
Release | : 2023-06-15 |
Genre | : Science |
ISBN | : 9811274029 |
Climate warming and disorder are the consequence of a free trade economic growth model that has failed to anticipate its physical impact on the environment. This failure reveals a lack of interaction between economists and scientists, long separated from an academic standpoint.The separation is artificial. This book shows that the free trade concept of David Ricardo and that of the Sadi Carnot thermodynamic cycle, both developed at the dawn of the Industrial Revolution, are amazingly close to each other. The analogy between the two cycles helps understand the fundamental mechanism of free trade. Irreversible processes, such as the release of CO₂ by fossil fuel burning, have increased the Boltzmann entropy level. It has generated climate warming and disorder, a phenomenon accelerated by a growth model largely based on delocalization of industrial production to low wage countries. Major irreversible phenomena such as melting of all arctic ice including the Greenland ice sheets can be expected within 1000 years that can only be avoided by active removal of atmospheric CO₂, whose cost can be calculated based on the entropy laws of Clausius and Boltzmann.
Author | : M. Ayhan Kose |
Publisher | : World Bank Publications |
Total Pages | : 403 |
Release | : 2021-03-03 |
Genre | : Business & Economics |
ISBN | : 1464815453 |
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Author | : Peter Y. Paik |
Publisher | : Indiana University Press |
Total Pages | : 244 |
Release | : 2013-07-30 |
Genre | : Philosophy |
ISBN | : 025300943X |
Essays exploring questions of what we owe—to corporations, to governments, to each other, to the past, and to the future. From personal finance and consumer spending to ballooning national expenditures on warfare and social welfare, debt is fundamental to the dynamics of global capitalism. The contributors to this volume explore the concept of indebtedness in its various senses and from a wide range of perspectives. They observe that many views of ethics, citizenship, and governance are based on a conception of debts owed by one individual to others; that artistic and literary creativity involves the artist’s dialogue with the works of the past; and that the specter of catastrophic climate change has underscored the debt those living in the present owe to future generations. “A welcome range of new perspectives on what has become a central issue for contemporary debate.” —Anthropological Notebooks
Author | : United Nations Conference on Trade and Development (UNCTAD) |
Publisher | : Stylus Publishing, LLC |
Total Pages | : 280 |
Release | : 2023-10-04 |
Genre | : Business & Economics |
ISBN | : 9213585586 |
The Trade and Development Report 2023 analyses current economic trends and major policy issues of international concern and makes suggestions for addressing these issues at various levels. The report warns that the global economy is stalling, with growth slowing in most regions compared with last year and only a few countries bucking the trend. The global economy is at a crossroads, where divergent growth paths, widening inequalities, growing market concentration and mounting debt burdens cast shadows on the future. The prospect of meeting the Sustainable Development Goals (SDGs) by 2030 is fading as a combination of rising interest rates, weakening currencies and slowing export growth squeezes the fiscal space needed for governments to fight climate change and provide for their people. The report calls for a change in policy direction – including by leading central banks – and accompanying institutional reforms promised during the COVID-19 crisis to avert a lost decade. It urges global financial reforms, more pragmatic policies to tackle inflation, inequality and sovereign debt distress, and stronger oversight of key markets. The report proposes actions to get the global economy moving in the right direction by using a balanced policy mix of fiscal, monetary and supply-side measures to achieve financial stability, boost productive investment and create better jobs. Part I of the report launches on 4 October 2023 with part II expected in November.
Author | : National Intelligence Council |
Publisher | : Cosimo Reports |
Total Pages | : 158 |
Release | : 2021-03 |
Genre | : |
ISBN | : 9781646794973 |
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Author | : United Nations Conference on Trade and Development |
Publisher | : |
Total Pages | : 0 |
Release | : 2023 |
Genre | : Climatic changes |
ISBN | : |
Author | : UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT - DIVISION ON GLOBALIZATION AND. |
Publisher | : |
Total Pages | : 0 |
Release | : 2024 |
Genre | : |
ISBN | : 9789210029087 |
Author | : Miria A. Pigato |
Publisher | : World Bank Publications |
Total Pages | : 240 |
Release | : 2018-12-31 |
Genre | : Business & Economics |
ISBN | : 9781464813580 |
This report provides actionable advice on how to design and implement fiscal policies for both development and climate action. Building on more than two decades of research in development and environmental economics, it argues that well-designed environmental tax reforms are especially valuable in developing countries, where they can reduce emissions, increase domestic revenues, and generate positive welfare effects such as cleaner water, safer roads, and improvements in human health. Moreover, these reforms need not harm competitiveness. New empirical evidence from Indonesia and Mexico suggests that under certain conditions, raising fuel prices can actually increase firm productivity. Finally, the report discusses the role of fiscal policy in strengthening resilience to climate change. It provides evidence that preventive public investments and measures to build fiscal buffers can help safeguard stability and growth in the face of rising climate risks. In this way, environmental tax reforms and climate risk-management strategies can lay the much-needed fiscal foundation for development and climate action.