Arbeitspapier

How low-carbon green growth can reduce inequalities

Half of the world's population - 3 billion people - lives below the poverty line, and Asia has the largest share. In pursuit of sustainable economic development and poverty alleviation, there is great potential among low-income households for green consumption, production, innovation, and entrepreneurial activity. This paper shows how an inclusive green growth model can uplift the poor through entrepreneurship and fiscal policy reforms. To make the case, this paper cites examples of institutions and policies in Asia that have successfully generated and tapped into the potentials of low-income households. Low-income households are recognized as resilient, value-conscious consumers and creative entrepreneurs in the inclusive and green growth paradigm. Low-income households can be the engine of a new development strategy; they can be a source of innovation for providing basic services in a green way. Evidence suggests that, without effective financial systems, not all market actors can sustain their businesses. Therefore, policy interventions are necessary to encourage and financially support enterprises to adopt best available technologies and incorporate innovative practices that are environmentally beneficial. The paper recommends fflexible redistributive and transformative public expenditure schemes and finance sector development to surmount the bottlenecks towards achieving inclusive and green growth.

Sprache
Englisch

Erschienen in
Series: ADBI Working Paper ; No. 420

Klassifikation
Wirtschaft
Fiscal Policy
National Budget; Budget Systems
Thema
low-carbon growth
green growth. inequalities
sustainable economic development
poverty alleviation
green consumption
entrepreneurship
fiscal policy reforms
Wirtschaftswachstum
Nachhaltige Entwicklung
Soziale Ungleichheit
Welt

Ereignis
Geistige Schöpfung
(wer)
Anbumozhi, Venkatachalam
Bauer, Armin
Ereignis
Veröffentlichung
(wer)
Asian Development Bank Institute (ADBI)
(wo)
Tokyo
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Anbumozhi, Venkatachalam
  • Bauer, Armin
  • Asian Development Bank Institute (ADBI)

Entstanden

  • 2013

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