A Theoretical Basis for Green Growth

Dinda, Soumyananda (2013): A Theoretical Basis for Green Growth. Published in: International Journal of Green Economy , Vol. 8, No. 2 (1 December 2014): pp. 177-189.

Abstract

This paper suggests a theoretical model of inclusive green growth. Paper analyses development mechanism through which natural resource capital regenerates (or at least non-degrade) and contributes to economic growth. Climate change is a threat to save natural resources which is a crucial productive capital in the economy and also challenges economic development in the 21st century. New development strategy is the inclusive green growth that leads towards sustainable development. This paper suggests policy inputs regarding regeneration of natural resource and its preservation in term of water shed development, flood control or development of ecosystem services through creation of jobs in the channel of productive consumption. Policy makers should focus on employability, regeneration and preservation of natural resource capital for sustaining livelihoods in the economy.

• Item Type: MPRA Paper
• Language: English
• Keywords: Green Growth, Climate Change, Social Capital, Productive Consumption, Reciprocity, Flood Control, Watershed Development, Natural Resource Capital, Human Capital, Inclusive Growth, Sustainable Development.
• Subjects: I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty; J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q1 - Agriculture > Q15 - Land Ownership and Tenure ; Land Reform ; Land Use ; Irrigation ; Agriculture and Environment; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q1 - Agriculture > Q18 - Agricultural Policy ; Food Policy; Z - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology > Z18 - Public Policy

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