Survival of the greenest : economic transformation in a cimate-conscious world / Amir Lebdioui.

Format:

Book

Author/Creator:

Lebdioui, Amir, author.

Series:

Cambridge elements. Elements in development economics 2755-1601.

Cambridge elements. Elements in development economics, 2755-1601

Language:

English

Subjects (All):

Sustainable development.

Economic development--Environmental aspects.

Economic development.

Physical Description:

1 online resource (91 pages) : digital, PDF file(s).

Edition:

1st ed.

Place of Publication:

Cambridge : Cambridge University Press, 2024.

Summary:

The pathways to economic development are changing. Environmental sustainability is no longer a choice but a necessity to maintain a competitive edge in the global economy. Just like in nature, where survival hinges on adaptation, this Element shows how nations adjust to -and take advantage of- the new dynamics of structural transformation induced by climate change. First, by analysing the uneven industrial geography of decarbonisation, the inadequate state of climate financing and rise of green protectionism, it demonstrates that the low-carbon economy stands to increase economic disparities between nations, unless action is taken. Then, by examining green industrial policies and their varied success, it explains how governments can still join the green industrialisation race. Finally, it examines how to adapt green industrial policy to different starting points, market sizes, productive structures, state-business relations dynamics, institutional layouts, and ecological contexts. This title is also available as Open Access on Cambridge Core

Contents:

Cover

Title page

Copyright page

Survival of the Greenest: Economic Transformation in a Climate-conscious World

Contents

1 Introduction: A Changing Climate for Economic Development

Beyond the 'Grow Now

Clean Up Later' Logic

Industrialisation is Dead. Long Live (Green) Industrialisation?

Conforming or Defying Comparative Advantage to Acquire Green Productive Capabilities?

Varieties of Green Economic Transformation and the Slippery Slope of Isomorphic Mimicry: It's Not Just about Producing Low-Carbon Tech

Outline of this Element

2 Rethinking Resilience to Climate and Transition Risks and the Role of Productive Diversification

How Climate Affects Trade and Financial Stability

The Impact of Global Decarbonisation: Transition Risks against the Right to Extract

Productive Diversification as a Pathway to Climate Resilience

3 Industrial Opportunities Arising Out of Low-Carbon Transitions: Who Benefits?

The Socio-Economic Benefits and Industrial Spillovers of Low-Carbon Transitions

The Uneven Industrial Geography of Global Decarbonisation

Jobs

Innovation

Export markets

The Reproduction of Technological and Trade Dependencies in the Hydrogen Sector

Breaking Out of Renewed Trade and Technological Dependencies

4 Governments as Referees and Head Coaches: The Political Economy of Green Industrial Policy

Greening Development with More Markets . . . or More State Interventions?

New Paradigm for Industrial Policy in the Context of Climate Change

Not All Green Industrial Policies Are Ecologically Sound or Good Policy

Aligning Industrial Policy within a Joined-Up Market-Shaping Policy Approach

Distributional Effects of Green Industrial Policy: 'Escorting' Versus Disciplining Approaches and Their Implications

External Financing Hurdles and Constraints for Green Industrial Policies

The High Cost of Capital for Renewable Energy Projects as a Major Obstacle

De-risking Mechanisms: The Standard Response Advocated by Private Capital and the Alternatives

Lowering the Cost of External Borrowing: The Strengths and Limits of Green Bonds and Multilateral Development Banks

Political Factors, Elite Bargains, and Institutional Constraints for Green Industrial Policy

Time Horizon for Industrial Policy Planning

Institutional Capabilities to Address Policy Implementation and Coordination Challenges

Managing the Dynamics of State-Business Relations and Public Opinion

5 No Green Silver Bullets: Various Pathways to Green Industrialisation beyond Manufacturing

Overview: Green Industrialisation Is Not All About Manufacturing

Climate-Smart Agriculture and the 'Industrialisation of Freshness'

Biodiverse Nations: Varieties of Nature-Based Services and Their Development Impact

Market-Based Conservation Instruments and Their Limitations

The Limits of Ecotourism as a Strategy for Conservation and Development

Biodiversity-Based Innovation Ecosystems: Overcoming the Northern Exploitation of Southern Biodiversity

The Context of Fossil-Fuel Producers: Repurposing Capabilities for Green Diversification

Size and Neighbourhood Matters: Economies of Scale, Market Piggybacking, and Supply Chain Regionalisation

6 Kicking Away the 'Green' Ladder: Green Protectionism, Broken Pledges, and Double Trade Standards

The Rise of Green Protectionism in Industrialised Nations

Double Standards of the International Trade System and the WTO's Contested Relevance

Bridging the Financing Gap to Support Green Economic Transformation: How Credible are Rich Nations?

Reclaiming Policy Space for Green Economic Transformation

7 Conclusion and Reflections on the Future Relevance of Development Economics

References

Acknowledgements

Notes:

Title from publisher's bibliographic system (viewed on 30 Apr 2024).

ISBN:

9781009339391

1009339397

9781009339377

1009339370

9781009339414

1009339419

Access Restriction:

Open Access. Unrestricted online access