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Incorporating HC 370
A Macroeconomic Framework for Long-Term Resilience and Growth
This paper describes a macroeconomic framework integrating disasters in the analysis of growth and long-term economic resilience. The framework is a dynamic growth model incorporating endogenous human and physical capital accumulation, fiscal policy interventions, and public debt dynamics. The model allows for flexible analyses of slow and fast onset climate impacts and fiscal policy reforms to foster sustainable long-term growth and adaptation, including enhanced spending on resilient investment and non-structural adaptation options. Focusing on adaptation policies, specifically on investing in resilient infrastructure, we present the country cases of Benin and Jamaica, examining tradeoffs and synergies in macro-fiscal policies for addressing sustainable long-term growth and the impacts of disasters.
The Routledge Handbook of the Political Economy of the Environment
Featuring a stellar international cast list of leading and cutting-edge scholars, The Routledge Handbook of the Political Economy of the Environment presents the state of the art of the discipline that considers ecological issues and crises from a political economy perspective. This collective volume sheds new light on the effect of economic and power inequality on environmental dynamics and, conversely, on the economic and social impact of environmental dynamics. The chapters gathered in this handbook make four original contributions to the field of political economy of the environment. First, they revisit essential concepts and methods of environmental economics in the light of their polit...
Economic Principles for Integrating Adaptation to Climate Change Into Fiscal Policy
Adaptation to climate change is a necessity for advanced and developing economies alike. Policymakers face the challenge of facilitating this transition. This Note argues that adaptation to climate change should be part of a holistic development strategy involving both private and public sector responses. Governments can prioritize public investment in adaptation programs with positive externalities, address market imperfections and policies that make private adaptation inefficient, and mobilize revenues for, and distribute the benefits of, adaptation. Although the choice of what should be done and at what cost ultimately depends on each society’s preferences, economic theory provides a useful framework to maximize the impact of public spending. Cost-benefit analysis, complemented by the analysis of distributional effects, can be used to prioritize adaptation programs as well as all other development programs to promote an efficient and just transition to a changed climate. While compensations may be needed to offset damages that are either impossible or too expensive to abate, subsidies for adaptation require careful calibration to prevent excessive risk taking.
Fossil Fuel Subsidy Reforms
Countries around the world are spending up to $500 billion per year on subsidising fossil fuel consumption. By some estimates, the G20 countries alone are spending around another $450 billion on subsidising fossil fuel production. In addition, the indirect social welfare costs of these subsidies have been shown to be substantial – for instance due to air pollution, road congestion, climate change, and economic inefficiency, to name a few. Considering these numbers, there is no doubt that fossil fuel subsidies cause severe economic distortions that compromise countries’ prospects of achieving equitable and sustainable development. This book provides a guide to the complex challenge of des...
Feeling the Heat: Adapting to Climate Change in the Middle East and Central Asia
Climate change is among humanity’s greatest challenges, and the Middle East and Central Asia region is on the frontlines of its human, economic, and physical ramifications. Much of the region is located in already difficult climate zones, where global warming exacerbates desertification, water stress, and rising sea levels. This trend entails fundamental economic disruptions, endangers food security, and undermines public health, with ripple effects on poverty and inequality, displacement, and conflict. Considering the risks posed by climate change, the central message of this departmental paper is that adapting to climate change by boosting resilience to climate stresses and disasters is a critical priority for the region’s economies.
Poverty, Prosperity, and Planet Report 2024
The Poverty, Prosperity, and Planet Report 2024 is the latest edition of the series formerly knownas Poverty and Shared Prosperity. The report emphasizes that reducing poverty and increasingshared prosperity must be achieved in ways that do not come at unacceptably high costs tothe environment. The current “polycrisis”—where the multiple crises of slow economic growth,increased fragility, climate risks, and heightened uncertainty have come together at the sametime—makes national development strategies and international cooperation difficult.Offering the first post-Coronavirus (COVID)-19 pandemic assessment of global progress on thisinterlinked agenda, the report finds that global pov...
Routledge Handbook of the Resource Nexus
In recent years the concept of the resource "nexus" has been both hotly debated and widely adopted in research and policy circles. It is a powerful new way to understand and better govern the myriad complex relationships between multiple resources, actors and their security concerns. Particular attention has been paid to water, energy and food interactions, but land and materials emerge as critical too. This comprehensive handbook presents a detailed review of current knowledge about resource nexus-related frameworks, methods and governance, including a broad set of inter-disciplinary perspectives. Written by an international group of scholars and practitioners, the volume focuses on rigorou...
Descendants of Peter and Sophia (Lauer) Ruth
Johann "Peter" Ruth was born ca. 1700 at Steinberg, Germany, the son of Johann Melchior and Maria Catharina Trein Ruth. Anna "Sophia" Lauer was born in 1703 at Hierstein, Germany, the daughter was Hans "Claus" and Maria "Margaretha" Wentz Lauer. Peter Ruth and Sophia Lauer were married in 1724 at Wolfersweiler, Germany. They had four sons, the first three born 1724-1728 at Walhausen, Germany. The family immigrated to America in 1733 and probably settled first in the Myerstown or Stouchsburg area of Berks County, Pennsylvania. After Sophia's death, he married 2) Catharin Mayer Meyer. They had ten children. He died in 1771 in Cumru Township, Berks County, Pennsylvania. Descendants of his oldest three sons lived in Pennsylvania, Illinois, and elsewhere.
The Family History of Laura E. Hess and William C. Deer
William C. Deer (1884-1954) was born in Huron County, Michigan, son of Johann Jakob Deer (Duerr) and Margaret Sophia Ann Crecine. Johann (1846-1929) was born in Groembach, Wuerttemberg, Germany and immigrated to the U.S. in 1866. Sophia (1859-1908) was born in Ontario. William married Laura Estella Hess (1882-1960) in Delaware, Ohio in 1808. Laura was born in Columbia, Michigan, daughter of Coroden Milles Hess and Sarah Ellen Carpenter. Both William and Laura died in Rapid City, South Dakota. Descendants and relatives lived in Michigan, Ohio, South Dakota, New York, Connecticut, Massachusetts, Canada and elsewhere.
