Rethinking Macroeconomics for Sustainability

ISBN-10: 1848135068
ISBN-13: 9781848135062
Edition: 2010
Authors: Alejandro Nadal
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Description: The world is caught in the deepest financial and economic crisis since the Great Depression. The economic crisis is not the result of what could be called a rare probability event ("a perfect storm"), but rather the unavoidable outcome of an  More...

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Book details

List price: $26.99
Copyright year: 2010
Publisher: Zed Books, Limited
Publication date: 1/13/2011
Binding: Paperback
Pages: 248
Size: 5.50" wide x 8.50" long x 0.75" tall
Weight: 0.682
Language: English

The world is caught in the deepest financial and economic crisis since the Great Depression. The economic crisis is not the result of what could be called a rare probability event ("a perfect storm"), but rather the unavoidable outcome of an economic paradigm that dominated policy-making since the early eighties, one that has come to view the natural resource base as simply another asset to be exploited. At the same time, we are trapped in a vicious environmental predicament. We are not only threatened by stagnation, deflation, unemployment and poverty. Our world is also menaced by climate change, deforestation, soil erosion, polluted aquifers and a man-made event of mass extinction. Rethinking Macroeconomics of Sustainabilityexplores the relationship between macroeconomic policies and environmental sustainability, arguing that monetary and fiscal policies are as important for environmental stewardship as they are for growth and prosperity -- something that has not been adequately recognized thus far.

Introduction
Macroeconomics and the Environment
The Macroeconomic Policy Connection
Climate Change and Macroeconomic Policies
Greening the World Economy?
Focus on Latin America
Guidelines for Macroeconomic Policy and Sustainability
International Macroeconomics and Sustainability

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