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DOI10.1002/wcc.708
Why sustainable, inclusive, and resilient investment makes for efficacious post-COVID medicine
Zenghelis D.
发表日期2021
ISSN1757-7780
卷号12期号:4
英文摘要The global economy is facing an unprecedented challenge, with the risk of a protracted depression following the response to COVID-19. In 2014, I argued here that macroeconomic conditions made it a relatively favorable time to kick-start investments in a resource-efficient, low carbon economy. Yet the opportunity was, for the most part, squandered. Failure to utilize active fiscal policy contributed to growing private indebtedness, limited productivity and wage growth and widened inequality helping erode trust in institutions. All the while, greenhouse gas emissions continued to rise. This time, there are grounds for optimism that a more coordinated response toward generating an ambitious transition to net zero emissions might contribute to a strong, sustainable, and resilient recovery. This article is categorized under: Climate Economics > Economics of Mitigation. © 2021 The Author. WIREs Climate Change published by Wiley Periodicals LLC.
关键词COVIDeconomyinvestpolicyrecoverysustainable
语种英语
scopus关键词Gas emissions; Greenhouse gases; Fiscal policies; Global economies; Low carbon economy; Resource-efficient; Zero emission; Economics; carbon emission; COVID-19; drug; economic conditions; fiscal policy; global economy; greenhouse gas; investment; macroeconomics; sustainability
来源期刊Wiley Interdisciplinary Reviews: Climate Change
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/249630
作者单位Wealth Economy Project, Bennett Institute, University of Cambridge, Cambridge, United Kingdom; ESRC Centre for Climate Change Economics and Policy, London School of Economics, London, United Kingdom
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Zenghelis D.. Why sustainable, inclusive, and resilient investment makes for efficacious post-COVID medicine[J],2021,12(4).
APA Zenghelis D..(2021).Why sustainable, inclusive, and resilient investment makes for efficacious post-COVID medicine.Wiley Interdisciplinary Reviews: Climate Change,12(4).
MLA Zenghelis D.."Why sustainable, inclusive, and resilient investment makes for efficacious post-COVID medicine".Wiley Interdisciplinary Reviews: Climate Change 12.4(2021).
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