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Green Industrial Policy in Emerging Countries (Paperback)
Loot Price: R1,602
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Green Industrial Policy in Emerging Countries (Paperback)
Series: Routledge Studies in Ecological Economics
Expected to ship within 12 - 17 working days
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For decades, governments have tried to foster industrial
competitiveness and economic growth. Many instruments are known to
work, and many lessons have been learned. However, humanity is
increasingly feeling the effects of natural resource depletion. The
rate of this depletion is deeply unsustainable, and it is - as of
yet - inextricably linked to economic growth and development. To
preserve acceptable living conditions for future generations, while
at the same time creating these conditions for millions of poor in
the first place, we must achieve a de-linking of economic activity
and resource depletion. This book identifies the drivers and
success factors of green industrial policy, which seeks to
reconcile the synergies and trade-offs which exist between economic
and environmental goals. Greening the economy is a goal which will
require enormous investment. As markets are currently failing to
provide the required incentives for environmental sustainability,
governments must intervene and provide 'policy rents' for
investments in sustainability while withdrawing rents from
polluting investments. In this they will face the risk of political
capture by interest groups and difficult choices among
technologies. Rent management is therefore the heart of green
industrial policy and the focus of this book. On top of this, the
country examples provided in this volume focus on the emerging
powers, which will have an important influence the future of our
planet. However, the lessons learned are valuable not only for
countries introducing green industrial policies for the first time,
but also for those under pressure to reform existing policies. This
book will be of interest to students, researchers and policymakers
in the areas of energy policy, sustainable development, industrial
economics and ecological economics.
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