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Climate and Industrial Policy in an Asymmetric World

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  • Thomas Gries

Abstract

Climate change is a phenomenon leading to randomly distributed disasters around the globe. Due to massive economic and technical asymmetry between the advanced North and the developing South efficient climate and industrial policy is particular difficult. Globally efficient policy would need to equip the South with pollution reducing technologies. However, there is a tradeoff between capital accumulation for consumption growth and low-carbon development.

Suggested Citation

  • Thomas Gries, 2011. "Climate and Industrial Policy in an Asymmetric World," WIDER Working Paper Series wp-2011-079, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2011-079
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2011-079.pdf
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