Climate and Industrial Policy in an Asymmetric World

Thomas Gries

No wp-2011-079, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Climate change is a phenomenon leading to randomly distributed disasters around the globe. Due to massive economic and technical asymmetry between the advanced North and the developing South efficient climate and industrial policy is particular difficult. Globally efficient policy would need to equip the South with pollution reducing technologies. However, there is a tradeoff between capital accumulation for consumption growth and low-carbon development.

Keywords: Environmental economics; Global warming; International obligations (search for similar items in EconPapers)
Date: 2011
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