Assessment of Fiscal Intervention Measures: Perspectives from Environment Macroeconomics

28 Pages Posted: 6 Dec 2010 Last revised: 12 Jan 2011

See all articles by Seck Tan

Seck Tan

National University of Singapore (NUS) - Lee Kuan Yew School of Public Policy

Dodo Jesuthason Thampapillai

Crawford School of Public Policy

Date Written: November 1, 2010

Abstract

The aim of this paper is to demonstrate the distinction in policy intervention when frameworks in environmental macroeconomics are applied as opposed to standard frameworks in macroeconomics. The key difference between the standard macroeconomic framework and the environmental macroeconomic framework is the internalization of environmental capital in the environmental macroeconomic framework. The intervention measures are focused on fiscal policy and environmental taxes, with illustrations made towards China. Like most countries, these economies adopted loose fiscal policies to prevent worsening unemployment and related problems in the context of the global financial crisis. Nevertheless, such fiscal laxity has exacerbated problems and issues pertaining to KN. The paper then attempts to canvass means of preventing the regressive effects of taxes by recourse to specific types of environmental capital investments.

Suggested Citation

Tan, Seck and Thampapillai, Dodo Jesuthason, Assessment of Fiscal Intervention Measures: Perspectives from Environment Macroeconomics (November 1, 2010). Lee Kuan Yew School of Public Policy Research Paper No. LKYSPP10-009. Available at SSRN: https://ssrn.com/abstract=1711687 or http://dx.doi.org/10.2139/ssrn.1711687

Seck Tan (Contact Author)

National University of Singapore (NUS) - Lee Kuan Yew School of Public Policy ( email )

469C Bukit Timah Road
Oei Tiong Ham Building
Singapore, Singapore 259772
Singapore

HOME PAGE: http://lkyspp.nus.edu.sg/faculty/seck-tan/

Dodo Jesuthason Thampapillai

Crawford School of Public Policy ( email )

ANU College of Asia and the Pacific
J.G. Crawford Building, #132, Lennox Crossing
Canberra, Australian Capital Territory 0200
Australia

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
88
Abstract Views
815
rank
307,125
PlumX Metrics