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Macroeconomics and the Environment

Global Development and Environment Institute at Tufts University (GDAE)

This module presents an expanded circular flow analysis that takes the biosphere into account.

Macroeconomic Reforms/ Green Growth

Organisation: 
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH

Since it introduced comprehensive policy reforms in 1990, Vietnam has developed rapidly and achieved impressive economic growth.

August 2017

Forestry and Macroeconomic Accounts of Nigeria: The importance of linking ecosystem services to macroeconomics

UN-REDD Programme, United Nations Environment Programme (UN Environment)
This report analyses the economic value of Nigeria's forest resource and demonstrates some policy instruments that would alleviate pressure on these natural forest systems. The analysis shows that the contribution of forests to the economy of Nigeria is underestimated in the national accounts.
April 2018

The Macroeconomics of the Circular Economy Transition

Organisation for Economic Co-operation and Development (OECD)
This paper, The Macroeconomics of the Circular Economy Transition, reviews the existing literature on modelling the macroeconomic consequences of the transition to a circular economy.
Online

Macroeconomic Measurement: Environmental and Social Dimensions

Global Development and Environment Institute at Tufts University (GDAE)

This module presents an overview of innovations in national accounting related to measuring well-being.

June 2016

Wealth Accounting in Botswana - Adjusted Macroeconomic Indicators

World Bank Group
This case study focuses on the preparation of adjusted macroeconomic indicators of Botswana. In particular, it applies the System of Environmental-Economic Accounting (SEEA) to derive measures of the national balance sheet (NBS), adjusted net national income (ANNI), and adjusted net national savings (ANNS), for the first time in Botswana.
July 2019

Macroeconomic and Financial Stability - Implications of climate change

Network for Greening the Financial System (NGFS)
This document is a technical supplement to the First comprehensive report – Call for action published in April 2019. It describes the impact of climate change on macroeconomics and financial stability, along with its modelling process, knowledge and methodology gaps, and options for central banks and supervisors to respond to this risk.
June 2020

The Effect of Firm-level ESG Practices on Macroeconomic Performance

University of Oxford
This paper investigates the linkages between the adoption of environmental, social and governance (ESG) practices in companies and the macroeconomic performance of those firms’ home countries, over the period 2002-2017.
July 2017

Macroeconomic Reform in Viet Nam on Ecological and Inclusive Growth

Donor Committee for Enterprise Development (DCED)
The case study Macroeconomic Reform in Viet Nam on Ecological and Inclusive Growth looks specifically at the Green Growth Strategy of Vietnam, approved in 2012, with the threefold aim of promoting low carbon growth, greening production and greening lifestyles.
August 2019

Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis

National Bureau of Economic Research (NBER)
This paper Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis shows the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labour productivity is affected by country-specific climate variables—defined as deviations of temperature and precipitation from their historical norms.

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