Managing macroeconomic policies for sustainable growth

by John Asafu-Adjaye

Publisher: Edward Elgar in Cheltenham, Northampton, Mass

Written in English
Published: Pages: 194 Downloads: 222
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Subjects:

  • Economic policy,
  • Climatic changes,
  • Agriculture,
  • Sustainable development

Edition Notes

Includes bibliographical references and index.

StatementJohn Asafu-Adjaye, R. Mahadevan
ContributionsMahadevan, Renuka
Classifications
LC ClassificationsHC681.3.E5 A83 2012
The Physical Object
Paginationxii, 194 p. :
Number of Pages194
ID Numbers
Open LibraryOL25366904M
ISBN 10085793130X
ISBN 109780857931306
LC Control Number2011936411

“Economic, Business and Management Aspects of Sustainability” is the most populated section of the journal and also the oldest. Our papers address new empirical findings that are of interest to a broader audience, theoretical analyses explaining new phenomena or puzzles, or the development of theoretical or empirical methods likely to be useful for further research—all within the effects. Economic growth is the most powerful means of reducing poverty, moreover, although debated, a large body of empirical literature provides ample evidence that trade liberalization and trade openness have a positive impact on economic growth. No country has successfully developed its economy by turning its back on international trade and long-term foreign direct investment. Globalization is widely seen as a powerful engine that has the potential to promote growth and development but concerns have been raised about the effects of globalization on jobs and wages. This book, co-published by the International Labour Office and the World Trade Organization, discusses ways of making globalization socially sustainable. The authors set out alternative economic approaches which better explain how capitalism works, why it often doesnt, and how it can be made more innovative, inclusive and sustainable. Outlining a series of far-reaching policy reforms, Rethinking Capitalismoffers a powerful challenge to mainstream economic debate, and new ideas to transform it.

that is common in macroeconomic studies (see Pizer, ). The function is given by: UC L CL tt ()= tt − / 1− 1 τ τ, (a) where C is consumption, L represents population, and τ is the coefficient of risk aversion. Definition Strong sustainable growth path. Strong sustainable growth path is a path that maximizes the inter-temporal. Sustainable development has continued to evolve as that of protecting the world’s resources while its true agenda is to control the world’s resources. Environmentally sustainable economic growth refers to economic development that meets the needs of all without leaving future generations with fewer natural resources than those we enjoy today. physical scale of economic activity, limits to the economic welfare to be derived from growth of economic activity, and social limits to economic growth. The second section explores the same issues through the sustainable development literature of the late s and the s to date.   An OECD report underlines how sustained development of the sector depends on the ability of destinations to promote adaptations to economic, social, political, and environmental trends, highlighting the emergence of integrated policies—with the participation of the private sector and local communities—in order to promote more inclusive growth.

This policy note lays out a framework for designing macroeconomic policy geared toward real macroeconomic stabilitywith growth. This framework is based on the view that there need to be broader goals, additional instruments beyond fiscal and monetary policies (includingcapital account management, regulations, and other. The nexus of economic development and environmental impact is at the core of current policy debates. This is often captured by an ‘environmental Kuznets curve’, an inverted-U shaped relationship between income and pollution levels. This column argues that, in contrast to conventional approaches, sustainability analysis should focus on the monetary damages of pollution, rather. Macroeconomics refers to the large scale economic facts, issues, and principles that affect the whole economy like labour, unemployment, and economic growth (Maiti, ). The principles of macroeconomics are therefore the aggregate elements of macroeconomics that could affect the way a company operates and manages resources.

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This book compiles research findings directly related to sustainable and economic waste management and resource recovery.

Mining wastes and municipal, urban, domestic, industrial and agricultural wastes and effluents—which contain persistent organic contaminants, nanoparticle organic chemicals, nutrients, energy, organic materials, heavy metal, rare earth elements, iron, steel, bauxite, coal.

Managing Macroeconomic Policies for Sustainable Growth John Asafu-Adjaye and Renuka Mahadevan The authors expertly reveal a model-based analysis of economic development and environmental issues with policy prescriptions for enhancing sustainable development.

Managing macroeconomic policies for sustainable growth. and propose policy recommendations that would enhance sustainable economic growth. The book covers a variety of issues related to economic development, trade, energy and climate change, and focuses on countries in the Asia-Pacific region including Australia, Thailand, Papua New Guinea Author: John Asafu-Adjaye and Renuka Mahadevan.

Policy coherence for economic growth In addition to active macroeconomic policies, countries that have achieved sustained economic growth have used a range of supportive policy interventions.

Search thousands of entries from Harvard faculty on sustainable growth, creating jobs, reducing inequality, and addressing economic crises. papers, book chapters, interviews and more from Managing macroeconomic policies for sustainable growth book faculty on growth, jobs, inequality, and economic crises.

The posts in this section look at policy ideas and research from across Harvard on a. Policies that government undertakes to meet broad economic objectives including inflation control, high employment, and sustainable growth.

Policies and programs to provide services including building highways, managing parks, and providing medical access to the disadvantaged.

In Zimbabwe, the government adopted a policy document; "the Zimbabwe Agenda For Sustainable Socio-Economic Transformation (ZIMASSET)" which spells out the need to. This title was first published in How was public policy and economic development in Nigeria affected under the period of military control between and.

What is the nature and scale of change that Nigeria will have to undergo in order to achieve its current development goals. Initially providing a history of Nigeria along with a framework for understanding the nature, scope and.

Search the world's most comprehensive index of full-text books. My library. Better Policies for Sustainable Development Policy coherence and green growth Chapter 6. Tracking progress in policy coherence for sustainable development Chapter 7. Implementing the agenda nationally economic measures of progress and consider all aspects of.

sustainable development, its economic growth and infrastructural development must have positive impact on the well bein g or the livability of the majority of its population. Economic Development and Environmental Sustainability: An Overview Economic Development and the Environment 1 Organization of the Book 1 2.

Policy Implications for Sustainable Development 7 Human Society and the Environment 7 Sustainable Development 8 Policy Recommendations for Sustainable Development 11 Conclusion 14 Appendix 1. SDG 8: Decent work and economic growth This goal is about inclusive and sustainable economic growth, which banks play a key part in because of their role in the global economy.

The goal involves increasing work opportunities, especially for young people, and protecting people’s labour rights, for. UNESCO – EOLSS SAMPLE CHAPTERS KNOWLEDGE MANAGEMENT, ORGANIZATIONAL INTELLIGENCE AND LEARNING, AND COMPLEXITY - Vol.

III - Economic Growth and Sustainable Development - Friedrich Hinterberger, Fred Luks, Marcus Stewen ©Encyclopedia of Life Support Systems (EOLSS) results of a study by Jänicke/Münch/Binder show a delinking of resource intensity for.

It highlights the importance of policies encouraging the sustainable management of these resources. Moreover, it emphasises the need to address the political challenges of natural-resource management for long-term pro-poor economic growth.

The book is divided into two parts: Part I provides an overview of the economics and politics of. Managing trade and FDI as elements of industrial policy 92 D. Summary of industrial policy options 97 V.

SELECTED SECTORAL POLICIES A. Agricultural and rural development policy 1. The rationale for policy support to economic activities in rural areas 2.

Policies for higher agricultural output and income 3. DOI link for Earnings Management, Fintech-Driven Incentives and Sustainable Growth. Earnings Management, Fintech-Driven Incentives and Sustainable Growth book.

On Complex Systems, Legal and Mechanism Design Factors. By Michael I. Nwogugu. Edition 1st Edition. First Published   Sloppy management, the hunger for easy money and short-term profits, and ideological rigidity lead some to believe the environment must be sacrificed for economic growth.

The belief that capitalism is evil and inevitably causes environmental destruction leads others to believe that sustainable economic development is not feasible. Macroeconomics is the branch of economics that deals with the overall functioning of the economy.

Macroeconomic policies have a critical influence on the decisions of households and firms to spend, save, hire and invest. And the conditions they foster set the stage for economic growth and development. The World Bank Group’s macroeconomists work toward the institution's primary goals.

Policies specifically aimed at securing sustained economic growth, a healthy environment or an inclusive social development are important in their own right for sustainable development. Although these policies are not extensively dis-cussed in this report, related OECD documents on economic growth (OECD.

The authors set out alternative economic approaches which better explain how capitalism works, why it often doesn’t, and how it can be made more innovative, inclusive and sustainable. Outlining a series of far-reaching policy reforms, Rethinking Capitalism offers a powerful challenge to mainstream economic debate, and new ideas to transform it.

Jamaica’s macro-economic performance in the late ’s to early ’s was mixed. Growth, though positive, declined from an average of over percent for the period FY/ to FY/91 to an average of less than 1 percent between FY/92 and FY/ The Net International Reserves position, which was negative in FY/   Sustainable development, a steady state long-term economic and social well-being, hinges on economic growth “a long term rise in capacity to supply increasingly diverse economic goods to its population; this growing capacity is based on advancing technology and the institutional and ideological adjustments that it demands”.

Summary: Macroeconomic policies have come under justifiable scrutiny because of their powerful and pervasive impacts throughout the economy.

Development agencies, NGOs and graduate students interested in both the theory and applications of economic growth and sustainable development issues will also find the book of great interest. Green fiscal policies are a critical part of efforts to address global challenges and transition to an inclusive green economy.

By reflecting externalities in prices, aligning government expenditures with environmental goals, raising revenues, creating fiscal space for green investment and broader fiscal reform, such policies can support several Sustainable Development Goals (SDGs) and the.

The U.S. government uses two types of policies—monetary policy and fiscal policy—to influence economic performance. Both have the same purpose: to help the economy achieve growth, full employment, and price stability. Monetary policy is used to control the money supply and interest rates.

Synopsis This book aims to cover the multitude of corporate approaches towards mainstreaming biodiversity conservation and ecological management in policies and action plans, and explores the roles of these efforts in achieving national and global targets for the Sustainable Development Goals.

The World Bank’s Global Platform for Sustainable Cities (GPSC) works with mayors in developing countries to transform cities into inclusive and resilient hubs of growth, as part of the Global Environment Facility (GEF)’s Sustainable Cities program that is active in 27 cities and 11 countries, and will leverage $ billion over five years.

Distinguished international bachelor studies ‘BSc Business and Management’ at the University of Belgrade The World Bank Robert S. McNamara (RSM) Fellowships Program (RSMFP) Book of Abstracts from the conference “Economic policy for smart, inclusive and sustainable growth”.

It is now recognized that a healthy environment is essential to sustainable growth. This paper explains the key role of environmental economics in facilitating effective incorporation of environmental concerns into development decision making.

Promoting strong, sustainable, balanced and inclusive growth is a priority for G20 governments, including the United Kingdom’s, reflecting the need to drive improvements in labour and resource productivity through more and better investments in innovation, infrastructure and skills.Globally, monetary policies have often involved the use of different measures to regulate the value, supply, and cost of money in tandem with the expected level of economic activity.

In most cases, the common objectives of such policies has been to achieve price stability, ensuring balance of payments equilibrium, creation of employment, and sustainable growth.Land Resource Management: Economic Foundations and New Directions provides an authoritative reflection on the planning theory and methodology that have brought us to the present.

It suggests that a prosperous and sustainable future will be possible if ideas .