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Fiscal policies for development and climate action (Paperback)
Loot Price: R1,625
Discovery Miles 16 250
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Fiscal policies for development and climate action (Paperback)
Series: International development in focus
Expected to ship within 12 - 17 working days
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Donate to Against Period Poverty
Total price: R1,645
Discovery Miles: 16 450
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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.
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