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The Green Fiscal Mechanism and Reform for Low Carbon Development: East Asia and Europe

The Green Fiscal Mechanism and Reform for Low Carbon Development: East Asia and Europe

Paperback

Series: Routledge Studies in Ecological Economics

EconomicsEnvironmental Studies

ISBN10: 1138918032
ISBN13: 9781138918030
Publisher: Routledge
Published: Jun 28 2018
Pages: 268
Weight: 0.90
Height: 0.61 Width: 6.14 Depth: 9.21
Language: English

This book reviews how far East Asian nations have implemented green fiscal reform, and show how they can advance carbon-energy tax reform to realize low carbon development, with special reference to European policy and experience.

East Asian nations are learning European experiences to adopt them in their political, economic and institutional contexts. However, implementation has been slow in practice, partly due to low acceptability that comes from the same concerns as in Europe, and partly due to weak institutional arrangements for the reform. The slow progress in the revenue side turns our eyes to the expenditure side: how East Asian nations have increased environmental-related expenditures, and how far they have greened sectorial expenditures. This lifecycle assessment of fiscal reform, coupled with the assessment of the institutional arrangement constitutes the features of this book.

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