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The Evolution of Green Growth Policy: An Unwelcome Intrusion on Global Environmental Governance?

Author

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  • Park , Jeongwon

    (Conservatoire National des Arts et Métiers)

Abstract

The notion of green growth emerged in 2009. Since then, policy makers and practitioners have largely adopted the term. Although rather intermittently, there have been academic observations on green growth, with the term often being cited as a paradigm and a policy guide for generating new sources of growth. The most important reasons for the surge in green growth today as a new trend and an international agenda item are the rather unsatisfactory results and pitfalls of sustainable development, which has failed at promoting a tangible international environmental principle or a concrete policy framework. Green growth has been proposed as an alternative simultaneously to foster the dynamics of global environmental governance and to reinvigorate the world economy. This study examines to what extent green growth plays a complementary role in existing global environmental governance. Available evidence provides reasonable grounds for arguing that a positive outcome may well be expected from the evolution of green growth architecture and followed by practical policies. It became a global agenda out of a few influential national governments' control. However, decision makers in the leading countries, both developed and developing must be willing to continue implementing what has been discussed and agreed thus far, beyond changes in political leadership and administrations.

Suggested Citation

  • Park , Jeongwon, 2013. "The Evolution of Green Growth Policy: An Unwelcome Intrusion on Global Environmental Governance?," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 17(2), pages 207-241, June.
  • Handle: RePEc:ris:eaerev:0060
    DOI: 10.11644/KIEP.JEAI.2013.17.2.264
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    Cited by:

    1. Carlo Jaeger, 2014. "Choice for China: What Role for Vocational Education in Green Growth?," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 22(5), pages 55-75, September.
    2. Evi Susanti Tasri & Syafruddin Karimi, 2014. "Green economy as an environment-based framework for Indonesia's economic reposition structure," Economic Journal of Emerging Markets, Universitas Islam Indonesia, vol. 6(1), pages 13-22, April.

    More about this item

    Keywords

    Green Growth; Green Economy; Sustainable Development; GlobalEnvironmental Governance;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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