Exiting the Crisis in the Right Direction: A Sustainable and Shared Prosperity Plan for Europe

32 Pages Posted: 15 May 2012

See all articles by Thomas A. Spencer

Thomas A. Spencer

Institute for Sustainable Development and International Relations

Lucas Chancel

affiliation not provided to SSRN

Emmanuel Guerin

affiliation not provided to SSRN

Date Written: April 2012

Abstract

This paper investigates the synergies between the policy response to the European crisis and the green economy. We begin by examining the causes of the European crisis, including the potential role played by resource constraints, in particular the rise in oil prices 2004-2008. Then we develop a matrix to assess the synergies between the crisis response and the green economy. We survey the literature on three green economy instruments, namely environmental fiscal reform, green investment and environmental innovation. We then assess their coherence with and potential contribution to the current crisis response.

Keywords: European crisis, green economy, european climate policy, environmental fiscal reform, green stimulus

Suggested Citation

Spencer, Thomas A. and Chancel, Lucas and Guerin, Emmanuel, Exiting the Crisis in the Right Direction: A Sustainable and Shared Prosperity Plan for Europe (April 2012). Available at SSRN: https://ssrn.com/abstract=2058200 or http://dx.doi.org/10.2139/ssrn.2058200

Thomas A. Spencer (Contact Author)

Institute for Sustainable Development and International Relations ( email )

27 Rue Saint-Guillaume
Paris, 75337
France

Lucas Chancel

affiliation not provided to SSRN ( email )

Emmanuel Guerin

affiliation not provided to SSRN ( email )

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
53
Abstract Views
521
rank
410,557
PlumX Metrics