Policy options for a socially balanced climate policy

Schwerhoff, Gregor; Nguyen, Thang Dao; Edenhofer, Ottmar; Grimalda, Gianluca; Jakob, Michael; Klenert, David; Siegmeier, Jan

doi:10.5018/economics-ejournal.ja.2017-20

Cited by 2 publications

(2 citation statements)

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“…There are legitimate concerns about the adverse distributional effects of measures such as the repeal of fossil fuel subsidies, which can raise the price of energy for poor households. These adverse effects can be alleviated by income compensation mechanisms targeted at low-income groups, particularly from an energy affordability perspective (Schwerhoff et al, 2017). It should be emphasized that a more laborfriendly tax system would not stop technical progress, but it would make it more compatible with the goal of empowering people, and combined with the governance measures of the next paragraph, it would be compatible with upskilling and raising the productivity of the work force.…”

Section: Enhance the Equity And Effectiveness Of Taxes And Transfersmentioning

confidence: 99%

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Reducing inequalities and strengthening social cohesion through inclusive growth: a roadmap for action

et al. 2018

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The authors propose a policy compact to achieve more inclusive growth in G20 countries so that economic growth regains the ultimate sense of improving all people’s lives. Guiding principles are: 1) prosperity is not just about income but about all relevant outcomes of well-being and capabilities to overcome the initial social disadvantage; 2) it is also about including people in participatory decision-making to enhance their dignity and control over their lives; 3) excluding people from reaping the benefits of growth will thwart social cohesion and well-being; 4) integrated policy approaches are needed to achieve inclusive growth, across policy domains and between national and global actions, including responsible management of migratory movements. Concrete policy actions are described that span education, labor, fiscal instruments, public and private governance.

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Section: Enhance the Equity And Effectiveness Of Taxes And Transfersmentioning

confidence: 99%

“…As already mentioned earlier, the possible regressive effects of such policies may be avoided through suitably designed redistribution policies (Schwerhoff et al, 2017). There are important differences between developed and developing countries.…”

Section: Pursue Cooperation On Issues Of Global Common Interestmentioning

confidence: 99%