What is it about?
Should low and middle income countries be concerned about how "green" there growth and development might be? Is "green growth " a luxury for such developing economics? This paper reviews the pros and cons of green growth, and in particular, argues that policies for green growth should take into account the structural features of developing economies, such as their high dependency on primary product exports and the tendency of poor people to be "clustered" in less favored rural regions with poor land and natural resources.
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Why is it important?
To my knowledge, this is the first article to examine whether the transition to a green economy is feasible or even desirable for developing economies, and what are the key structural features of these economies that must be taken into account to foster such a transition.
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This page is a summary of: Is green growth relevant for poor economies?, Resource and Energy Economics, August 2016, Elsevier,
DOI: 10.1016/j.reseneeco.2016.05.001.
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