Fiscal policies for development and climate action (Paperback)

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.

General

Imprint:	World Bank Publications
Country of origin:	United States
Series:	International development in focus
Release date:	December 2018
Authors:	World Bank
Editors:	Miria A. Pigato
Dimensions:	280 x 280 x 16mm (L x W x T)
Format:	Paperback
Pages:	244
ISBN-13:	978-1-4648-1358-0
Categories:	Books > Business & Economics > Economics > International economics > General
LSN:	1-4648-1358-2
Barcode:	9781464813580

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!