Macroeconomic Policies for Sustainable Growth

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Macroeconomic Policies for Sustainable Growth

Analytical Framework and Policy Studies of Brazil and Chile

9781845424947 Edward Elgar Publishing
Mohan Munasinghe, Chairman, Munasinghe Institute for Development (MIND), Colombo, and Vice Chair, Intergovernmental Panel on Climate Change (IPCC), Geneva, Raul O’Ryan, University of Chile (UC), Chile, Ronaldo Seroa da Motta, Research Institute for Applied Economics (IPEA), Brazil, Carlos de Miguel, UN Economic Commission for Latin America and the Caribbean (ECLAC), Chile, Carlos Young, Federal University of Rio de Janeiro (UFRJ), Brazil, Sebastian Miller, University of Chile (UC), Chile and Claudio Ferraz, Department of Economics, Pontifical Catholic University of Rio de Janeiro, Brazil
Publication Date: 2006 ISBN: 978 1 84542 494 7 Extent: 360 pp
Macroeconomic policies have come under justifiable scrutiny because of their powerful and pervasive impacts throughout the economy. This book examines the sustainability of growth-oriented macroeconomic strategies, starting from early ideas linking macroeconomic policies, growth and sustainability. A comprehensive and up-to-date literature review and theoretical framework are presented, including both macroeconomic and microeconomic analyses of the linkages between the economy and the environment.

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Contents
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Macroeconomic policies have come under justifiable scrutiny because of their powerful and pervasive impacts throughout the economy. This book examines the sustainability of growth-oriented macroeconomic strategies, starting from early ideas linking macroeconomic policies, growth and sustainability. A comprehensive and up-to-date literature review and theoretical framework are presented, including both macroeconomic and microeconomic analyses of the linkages between the economy and the environment.

Brazil and Chile are used as case studies to illuminate and analyse the impacts and effects of differing macroeconomic policies. A variety of analytical models are used to assess these two very different countries. One important conclusion reached is that the combination of growth and economic imperfections that lead to unsustainable outcomes is characterized by not only economic, but also environmental and
>social problems. A variety of policy remedies are discussed to make development more sustainable by reshaping the structure of growth.

Macroeconomists, environmental and development economists as well as policy analysts and project managers in the international development community will find much to engage them within this book. Development agencies, NGOs and graduate students interested in both the theory and applications of economic growth and sustainable development issues will also find the book of great interest.
Critical Acclaim
‘The state-of-the-art studies in this volume are to be warmly welcomed. The authors successfully explore the economic, environmental and social consequences of policy-failures, and identify practical corrective measures.’
– Charles Perrings, President, International Society for Ecological Economics (ISEE)
Contents
Contents: Part I: Overview 1. Historical Evolution of Ideas 2. Framework for Analysis Part II: Brazil Case Study 3. Production, Consumption and the Environment in Brazil 4. Trade and the Environment: Linkages Between Competitiveness and the Industrial Pollution in Brazil 5. Consumption Patterns, Income Distribution and the Environment in Brazil 6. Agriculture Expansion and Deforestation in the Brazilian Amazon, 1980–95 7. Summary of Main Findings in Brazil Part III: Chile Case Study 8. Introduction to Computable General Equilibrium (CGE) Models 9. The ECOGEM General Equilibrium Model for Chile 10. Economic, Social and Environmental Status in Chile 11. Policy Applications 12. Conclusions and Future Research Bibliography Index
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