A green new deal and debt sustainability for the post COVID-19 world
Juan Rafael Ruiz and
Patricia Stupariu
International Review of Applied Economics, 2021, vol. 35, issue 2, 288-307
Abstract:
This paper explores the design and impact on public finances of a global investment plan directed at supporting post-COVID19 reconstruction efforts by investing in climate change mitigation. We analyse current macroeconomic conditions in both developed and emerging economies and, subsequently, simulate various growth scenarios and observe the impact on public debt sustainability of implementing an economic stimulus oriented towards climate change mitigation.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:taf:irapec:v:35:y:2021:i:2:p:288-307
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DOI: 10.1080/02692171.2021.1879742
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