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The readiness of industry for a transformative recovery from COVID 19

Samuel Fankhauser, Raphaela Kotsch and Sugandha Srivastav

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Non-technical summary Many countries are committed to emerge from COVID 19 on a more sustainable environmental footing. Here we explore what such a structurally transformative recovery would mean for the manufacturing sector of 14 major economies. We find that all countries have zero-carbon growth opportunities post-COVID and comparative advantages in some sectors, but industrialised countries and the East Asian economies, especially South Korea, appear best positioned, thanks a push in low-carbon innovation that predates the pandemic.

Keywords: coronavirus; Covid-19; ES/R009708/1 (search for similar items in EconPapers)
JEL-codes: R14 J01 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2020-12-21
New Economics Papers: this item is included in nep-env and nep-tid
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Published in Global Sustainability, 21, December, 2020, 3. ISSN: 2059-4798

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