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GLOBAL GREEN NEW DEAL – A POLICY BRIEF. By the United Nations Environment Program (UNEP), March 2009. The “Global Green New Deal” presented in this policy brief has three broad objectives. It should make a major contribution to reviving the world economy, saving and creating jobs, and protecting vulnerable groups. It should promote sustainable and inclusive growth and the achievement of the MDGs, especially ending extreme poverty by 2015. Also, it must reduce carbon dependency and ecosystem degradation – these are key risks along a path to a sustainable world economy. The research summarised in the policy brief aims to make a strong case for the active ‘greening’ of proposed fiscal stimulus packages, although necessary changes in international and domestic policy architectures must be made for this to be possible, as the current framework is biased in favour of resurrecting an unsustainable ‘brown economy’. To access this report refer to http://www.unep.org/pdf/A_Global_Green_New_Deal_Policy_Brief.pdf
A FISCAL STIMULUS TO ADDRESS THE EFFECTS OF THE GLOBAL FINANCIAL CRISIS ON SUB-SAHARAN AFRICA. By Ray Barrell, Dawn Holland, and Dirk Willem te Velde, Overseas Development Institute, March 2009. The global financial crisis will have a major impact on developed and developing countries alike. The developed and richer developing countries have begun to address the consequences of the crisis and have announced various fiscal stimuli. The G20 countries have announced fiscal stimuli worth around 1.5 percent of GDP, or some US$ 2 trillion, to cushion the consequences of the global financial crisis. It will matter greatly for poor countries countries, such as African countries, whether part of such a stimulus is provided in poor countries or whether the entire stimulus is kept in the G20. This paper examines the effects of various fiscal stimuli on growth in the world, in developed countries, and sub-Saharan Africa and uses a calibrated macroeconomic model of the world economy. To download the report, please visit http://www.odi.org.uk/resources/download/3225.pdf.
TRADE AND DEVELOPMENT: THE RISING IMPORTANCE OF SUSTAINABLE DEVELOPMENT IN THE SOUTH AMERICAN TRADE AGENDA. By Pedro da Motta Veiga and Sandra P. Rios, IISD, 2009. This report synthesises the findings of four national case studies – of Argentina, Brazil, Chile and Peru – that were undertaken to identify within the thematic areas of environmental and labour regulation the most important issues for each country in terms of opportunity and/or vulnerability, as well as the forces that prompted the introduction of sustainable development topics into the countries’ trade and investment agendas. The individual country reports are also available through the Trade Knowledge Network website (http://www.tradeknowledgenetwork.net/). To download the synthesis report, please click here http://www.tradeknowledgenetwork.net/pdf/tkn_trade_south_america.pdf.
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