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Global Environmental Macroeconomics
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Global Environmental Macroeconomics

Book Details

Format Hardback or Cased Book
ISBN-10 0765604981
ISBN-13 9780765604989
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Aug 31st, 1999
Print length 216 Pages
Weight 560 grams
Product Classification: MacroeconomicsEnvironmental economics
Ksh 23,400.00
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Macroeconomic models fail to view the economy as a subsystem of the global ecosystem, and therefore fail to reckon with natural constraints. This text presents a two-country model of the world economy, and explores the interaction between the natural resource, labour, product and financial markets.
Presents a dynamic, two-country model of the world economy, incorporating restrictions with respect to: the availability of nonrenewable resources; the ability of the global environment to assimilate pollutants; the ability of the ecosystem to replenish renewable resources; the productivity of real resources (e.g., labor) in pollution abatement. In addition, the book explores the interactions between and among the natural resource, labor, product, and financial markets.

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