The Oxford Handbook on the Greening of Economic Development
Series: Oxford Handbooks;
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Product details:
- Publisher OUP Oxford
- Date of Publication 29 May 2025
- ISBN 9780198883487
- Binding Hardback
- No. of pages896 pages
- Size 250x180x50 mm
- Weight 1805 g
- Language English 624
Categories
Short description:
With over fifty contributors, this handbook draws on specialist expertise to provide a comprehensive overview of the process of greening of economic development. They demonstrate how the shift in energy, resource flows, and finance is compatible with economic growth. With its vast scale and rapid pace, it requires a global Green Deal.
MoreLong description:
Economic development, in its traditional formulation, ignores the impact of decisions made regarding energy, resources, and finance. The standard choices made are to use stocks of fossil fuels, stocks of resources and their linear flow, and generic finance. The implications of this are now clear. An alternative is being crafted which is based on flows of renewable energy and renewable fuels, on circular flows of resources, and on greening of financial instruments, such as equities and bonds. This involves a vast industrial revolution, creating the 'next' Great Transformation of the global economic system, one that is creating an economy that emulates life through its interconnections and circular flows. The shift is comprehensive, global, and all-encompassing. Greening of economic development is driven by industrial policy, technological capability, and enhancement of industrial capacity.
With over fifty contributors, this volume draws on specialist expertise to provide a comprehensive overview of this process of greening of economic development. It demonstrates how the shift in energy, resource flows, and finance is a process rather than an endpoint; that it is compatible with economic growth; that it is powered by economic drivers such as cost reductions generated by experience curves; and that at the vast scale and rapid pace required it calls for a global Green Deal.
The handbook frames novel objectives through greening that take state action and guidance in fresh directions and argues that the strategies involved are as relevant for emerging industrial economies creating new industries as to developed economies looking to transform themselves. Overall, it emphasizes how 'greening' creates a self-sustaining economy that does not cost the earth.
Table of Contents:
Acknowledgements
List of Figures
List of Tables
List of Contributors
I. Greening of Economic Development: Context and Theoretical Perspectives
Greening of economic development: An introduction
The global green shift: History, dynamics, and prospects
Developmental environmentalism: Green growth in East Asia
Green transformation as new direction for techno-economic development
Evolutionary dynamics of the Green and Circular Economy
II. Greening of Energy, Resource Flows, and Finance
Fossil fuels exit: Challenges, perspectives, and bottlenecks
Reversing the fuel-electricity system provides for complete fossil fuel replacement and a stable grid
Social cost-benefit analysis of 100 percent renewables systems
Renewable hydrogen production economics: Influence of electrolyser performance
Taiwan's green technology development: The role of fuel cells and the green hydrogen economy
Japanese debates over the energy transformation (GX)
Greening the economy: industrial ecology and industrial symbiosis
The role of finance in greening economic development
Role of mission-oriented development banks in greening
III. Greening along Value Chains
Green windows of opportunity and catch-up industrialization in Africa
Economic performance of urban mining for future resource supply
Greening of global value chains
Regenerative farming and greening of food production
Patenting strategies for electric vehicles
IV. Greening of Regions
How China's green strategy is changing the world
Greening in Central and South Asia: India
Greening in Northern Europe: Offshore wind power
Greening the economy: The Singapore model
Greening in Southeast Asia
Greening of Latin American economies
The European Union's green industrial policy
A green transition in the United States: The case of fossil fuel-dependent West Virginia
V. Greening of strategies for economic development
Conditions for success of green industrial policy
Greening industrial development strategies
Greening of economic development: The New Deal's enduring legacy
Greening of economic development: The next Great Transformation - Conclusions and pathways to the future
