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Green Growth in the OECD: State of the Art

Author

Listed:
  • Klára Szita Tóthné

    (University of Miskolc)

Abstract

The concept and initiative of green (world) economy but especially the greening of industry is not new. It appeared 20 years ago at the Rio World Summit, and since that time it has been discussed constantly, integrating more new and complex approaches, but particularly gaining focus in context with the increasing negative environmental impacts and global warming. As the advanced economic globalisation and acceleration of trade has increased the degradation of environment (damages and risk), a new strategic orientation became essential. That was the reason why a proposal at the Rio+20 World Summit initiated global environmental governance for the first time (Biermann et al. 2012). At the same time, requirements and expectations escalated to develop a green but even more a blue economy (Paoli 2010). But as the analysis of country statistics has shown, the level and status of the greening varies by countries. With the comparison of the green index and the FOI indices (Bartha - Gubik 2013a, Bartha – Gubik, 2014c)) those countries can be identified which have already made great progress in this matter and should thus be a good example to follow. It is well known that growth theories examine, analyse and explain the phenomenon and main factors of development, but they tend to consider only the economic aspects of growth, explaining and categorising the triggering factors into inside and outside factors, without giving any characteristic role to the natural environment in development. However, experts of sustainability and leading representatives of ecological economics have pointed out that the three pillars of development, based on the key issues of social well-being, should be complemented with the aspects of sustainability. This paper summarises the main steps, results and bottlenecks of the way towards green world economy.

Suggested Citation

  • Klára Szita Tóthné, 2014. "Green Growth in the OECD: State of the Art," Theory Methodology Practice (TMP), Faculty of Economics, University of Miskolc, vol. 10(02), pages 59-65.
  • Handle: RePEc:mic:tmpjrn:v:10:y:2014:i:02:p:59-65
    as

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    File URL: http://tmp.gtk.uni-miskolc.hu/volumes/2014/02/TMP_2014_02_06.pdf
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    References listed on IDEAS

    as
    1. Bartha, Zoltán & S. Gubik, Andrea, 2014. "The Outward Focused Development Path in the Visegrad Countries," MPRA Paper 57213, University Library of Munich, Germany, revised 19 Jun 2014.
    2. Bartha, Zoltán & S. Gubik, Andrea, 2014. "Specifics of International Business Competitiveness in Visegrad Countries – Qualitative Analysis of Selected Case Studies," MPRA Paper 57211, University Library of Munich, Germany, revised 16 Jun 2014.
    3. Zoltán Bartha & Andrea S. Gubik, 2014. "Characteristics Of The Large Corporation-Based, Bureaucratic Model Among Oecd Countries – An Foi Model Analysis," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 1, pages 1-20, March.
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    More about this item

    Keywords

    Green growth; green index; eco-innovation; development; sustainability;
    All these keywords.

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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