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Title:Global governance: the G20 and a Global Green New Deal PDF Logo
Authors:Barbier, Edward B.
Issue Date:2009
Series/Report no.:Economics Discussion Papers 2009-38
Abstract:In response to the world economic crisis, the international community should promote a mix of policies to sustain global recovery and create jobs through reducing carbon dependency, ecological degradation and poverty. Such a Global Green New Deal (GGND) requires implementation and coordination of green investments by the Group of 20 (G20), who should also adopt complementary pricing policies and foster international aid and other actions in support of the GGND. Developing economies should provide clean water and sanitation for the poor, create safety nets, invest in heath and education, and target energy and water poverty. Such a global strategy can revive economies, create jobs and improve the sustainability of world development.
Subjects:Economic Recession
G20
global governance
Global Green New Deal
green stimulus
low-carbon economy
world economy
JEL:F55
F59
H87
O13
O19
Q01
Creative Commons License:http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
Document Type:Working Paper
Appears in Collections:Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers

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