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In this paper, we analyze a dynamic stochastic general equilibrium model on how water resilience affacts economic growth and dynamic welfare with special reference to South Africa. While water may become a limiting factor for future development in general, as a drought prone and water poor...
Persistent link: https://www.econbiz.de/10010473538
The Asia Water Development Outlook – a flagship publication by the Asian Development Bank - monitors progress in water security in the Asia Pacific region. For the first time, the 2020 edition documents financing flows that contribute to – or that are needed to enhance – water security in...
Persistent link: https://www.econbiz.de/10012630183
This paper served as a background paper to the European Report on Development 2011/2012: Confronting scarcity: Managing water, energy and land for inclusive and sustainable growth. The European Report on Development was prepared by the Overseas Development Institute (ODI) in partnership with the...
Persistent link: https://www.econbiz.de/10014153266
We discuss the selection of the socially optimal discount rate for public investment projects that entail costs and benefits in the very long run. More specifically, we examine in an expected utility framework how the uncertainty on the growth rate of the GNP per head affects this rate. Under...
Persistent link: https://www.econbiz.de/10011608349
Asia has truly experienced spectacular economic growth over the past 15 years. However, this economic progress has come at a high cost. It has led to unprecedented environmental consequences. Ecological footprint shows that, despite the fact that one-fifth of the population in Asia still lives...
Persistent link: https://www.econbiz.de/10014220241
Global freshwater demand is projected to increase substantially in the coming decades, making water one of the most fiercely contested resources on the planet. Water is linked to many economic activities, and there are complex channels through which water affects economic growth. The purpose of...
Persistent link: https://www.econbiz.de/10011588351
's demographic and economic growth in Morocco, but they also face persistent challenges. Despite substantial public investments and … not delivering on their full potential. Urbanization has not generated the same growth benefits in Morocco as it has in … many other countries with similar contexts. These patterns suggest that Morocco needs specific policies to improve returns …
Persistent link: https://www.econbiz.de/10012644214
Persistent link: https://www.econbiz.de/10012023669
The developing economies of Asia are confronted by serious environmental problems that threaten to undermine future growth, food security, and regional stability. This study considers four major environmental challenges that policymakers across developing Asia will need to address towards 2030:...
Persistent link: https://www.econbiz.de/10009504651
Persistent link: https://www.econbiz.de/10014497047