volume 30, issue 3, P423-446 2014
DOI: 10.1093/oxrep/gru027
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S. Smulders, M. Toman, C. Withagen

Abstract: The relatively new and still amorphous concept of "Green Growth" can be understood as a call for balancing longer-term investments in sustaining environmental wealth with nearer-term income growth to reduce poverty. We draw on a large body of economic theory available for providing insights on such balancing of income growth and environmental sustainability. We show that there is no a priori assurance of substantial positive spillovers from environmental policies to income growth, or for a monotonic transition…

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