Some Theoretical and Policy Issues in Green Economy
Chapter
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Abstract
This paper reviews some theoretical and policy issues that underpin environment-economy interactions, for a preliminary reflection on a conceptual framework of Green economy. Concepts of transition and transversality serve as criteria to distinguish structural and dimensional issues. The former refer to structural processes towards a green economy, whereas the later refer to intertemporal society’s preferences behind the green growth process. Trade-offs between ecological, economic social and institutional constraints suggest that market -based policies should be mitigated through mix policies accounting for green capacities, that is the potential of green technologies for decoupling economic growth from environmental damage.
Keywords
Green economy Green policies Sustainability Transition Transversality Trade-off Green optimal growthReferences
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