Cover

Half-title

Title

Copyright

Contents

List of figures

List of tables

Preface

Acknowledgements

List of conference participants

1 Economic policies for sustainable development

1 Is growth sustainable?

2 The economy-wide dimension: from mess to macro

3 The effects of growth

4 Definition and measurement

5 Domestic policies for sustainable growth

6 International policies for sustainable growth

7 Conclusions

PART ONE: GROWTH AND THE ENVIRONMENT

2 Pollution and growth: what do we know?

1 Data and estimation

2 Air quality

3 Water quality

4 Conclusions and policy implications

Discussion

Gilles Saint-Paul

1 Introduction

2 The model

3 Does sustainability require growth?

1 Introduction

2 Demographic and ecologic transitions

3 Where the world is today

4 A simple-minded extrapolation: constant income growth

5 Sustainability and policy implications

6 Summary, conclusions and future research

Discussion

Daniel Cohen

PART TWO: SUSTAINABILITY

4 What sustains economic development?

1 Some definitions

2 Environmental concerns and sustainability

3 The role of government

5 Conclusions: what sustains economic development?

Discussion

Constantino Lluch

1 Scott versus the profession

2 On the evidence

3 On sustainability

5 Optimal development and the idea of net national product

1 Introduction

2 What are environmental resources?

3 Social objectives: 1 - sustainable development

4 Social objectives: 2 - optimal development, discount rates and sustainability

5 Second-best optima, global wanning, and risk

6 Project evaluation and the measurement of net national product

7 The Hamiltonian and net national product

8 Biases in technological adaptation

9 Environmental accounting prices: the valuation problem

10 Conclusions

Appendix: NNP in a dynamic economy

Discussion

Philippe Aghion

6 Sustainable growth and the Green Golden Rule

1 Introduction

2 A model of growth with environment

3 The discounted utilitarian solution

4 The Green Golden Rule

5 Optimal sustainable paths

6 An example of a sustainable optimal path

7 Conclusions

Discussion

Alistair Ulph

PART THREE: DOMESTIC POLICY

7 Economic policies for sustainable resource use in Morocco

1 Introduction

2 Practical issues in Moroccan water allocation

3 Methodological issues

4 The Moroccan CGE model

5 Simulation results

6 Conclusions

Appendix: results of sensitivity analysis

Discussion

Jaime de Melo

8 Energy pricing for sustainable development in China

1 Optimal abatement

2 Marginal benefits of abatement

3 Marginal abatement costs

4 The simulations

5 Conclusions

Appendix 1: definitions

Appendix 2: base prices

Appendix 3: flow matrix, China, 1985

Appendix 4: commodity demands and parameters

Appendix 5: the model

Discussion

Athar Hussain

PART FOUR: INTERNATIONAL POLICY COORDINATION

9 Carbon abatement, transfers and energy efficiency

1 Introduction

2 Brief overview of GREEN

3 The role of the AEEI parameter in the BaU scenario

4 Energy productivity and catch-up

5 Two scenarios of international recycling of carbon tax revenues

6 Conclusions

Appendix: energy efficiency, emissions and real income in GREEN

10 Policy coordination for sustainability: commitments, transfers, and linked negotiations

1 Introduction

2 Stable environmental coalitions

3 Expanding coalitions through transfers and commitment

4 Linking environmental negotiations

5 Conclusions

Discussion

Marcus Miller and Lei Zhang

1 Outline and summary

2 Key features of the CS model

3 Externalities in abatement

4 Charging for emissions

5 Conclusions

11 Industrial competitiveness, environmental regulation and direct foreign investment

1 Introduction

2 The basic model

3 Environmental competition: the Nash equilibrium

4 International coordination of environmental regulation

5 Summary and conclusions

Discussion

Jean-Claude Berthelemy

Index