Exiting the crisis in the right direction: A sustainable and shared prosperity plan for Europe

Thomas Spencer, Lucas Chancel and Guerin Emmanuel

MPRA Paper from University Library of Munich, Germany

Abstract: This paper investigates the synergies between the policy response to the European crisis and the green economy. We begin by examining the causes of the European crisis, including the potential role played by resource constraints, in particular the rise in oil prices 2004-2008. Then we develop a matrix to assess the synergies between the crisis response and the green economy. We survey the literature on three green economy instruments, namely environmental fiscal reform, green investment and environmental innovation. We then assess their coherence with and potential contribution to the current crisis response.

Keywords: European crisis; green economy; european climate policy; environmental fiscal reform; green stimulus (search for similar items in EconPapers)
JEL-codes: H23 H54 Q43 Q56 (search for similar items in EconPapers)
Date: 2012-05-14
New Economics Papers: this item is included in nep-cwa, nep-env and nep-res
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:38802

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