A number of empirical studies have been carried out to assess the impact of sustainable development assistance (SDA) and aid on environmental quality in poor countries, but these studies have been characterized by weak theoretical anchor. It is against this background that this paper provides a...

European Union (EU) institutions and agencies are increasingly raising awareness on the circular economy agenda. They are encouraging marketplace stakeholders to engage in sustainable production and consumption behaviors by reducing, reusing, restoring, refurbishing and recycling resources in...

This paper proposes an analytical framework for assessing policies that will contribute to a better integration of environmental externalities in the pursuit of economic efficiency and growth objectives. The framework consists of two parts. The first part lays out principles and criteria for the...

Countries have pledged to stabilize global warming at a 1.5 to 2°C increase. Either target requires reaching net zero emissions before the end of the century, which implies a major transformation of the economic system. This paper reviews the literature on how policymakers can design climate...

Our interest is in the relationship between the environment and economic growth. Because various interest groups see this issue differently, the typical optimization approach based on representative agent is not suitable. This is mainly because assessing the relative weight between consumption...

Carbon taxes and fossil fuel subsidy reforms have been recognized as an efficient means to mobilize substantive domestic resources for sustainable development. Yet, despite their advantages compared to other taxes, concerns about potential adverse impacts on poverty and inequality have...

This paper presents a productivity growth measure that explicitly accounts for natural capital as an input factor and for undesirable goods, or “bads”, as an output of the production process. The discussion focuses on the extension of productivity measurement for bad outputs and estimates of...

This research aims to relax the condition in which international environmental agreements consists of asymmetric countries are sustained for a long-term, considering a repeated game model and the effect of ancillary benefits. We suppose all countries have the feature of two-sided asymmetry: the...