Twenty-First Century Macroeconomics

Responding to the Climate Challenge

Edited by Jonathan M. Harris, Director, Theory and Education Program and Neva R. Goodwin, Co-Director, the Global Development and Environment Institute, Tufts University, US

The authors and editors of this book challenge traditional assumptions about economic growth, and develop the elements of a reoriented macroeconomics that takes account both of environmental impacts and social equity. Policies including carbon trading, revenue recycling, and reorientation of private and social investment are analyzed, providing insight into new paths for economic development with flat or negative carbon emissions. These issues will be crucial to macroeconomic and development policies in the twenty-first century.