IDEAS home Printed from https://ideas.repec.org/b/wbk/wbpubs/6016.html
   My bibliography  Save this book

Golden Growth : Restoring the Lustre of the European Economic Model

Author

Listed:
  • Martin Raiser
  • Indermit S. Gill

Abstract

Europe's growth will have to be golden in yet another sense. Economic prosperity has brought to Europeans the gift of longer lives, and the continent's population has aged a lot over the last five decades. Over the next five, it will age even more by 2060; almost a third of Europeans will be older than 65 years. Europe will have to rebuild its structures to make fuller use of the energies and experience of its more mature population's people in their golden years. These desires and developments already make the European growth model distinct. Keeping to the discipline of the golden rule would make it distinguished. This report shows how Europeans have organized the six principal economic activities trade, finance, enterprise, innovation, labor, and government in unique ways. But policies in parts of Europe do not recognize the imperatives of demographic maturity and clash with growth's golden rule. Conforming growth across the continent to Europe's ideals and the iron laws of economics will require difficult decisions. This report was written to inform them. Its findings the changes needed to make trade and finance will not be as hard as those to improve enterprise and innovation; these in turn are not as arduous and urgent as the changes needed to restructure labor and government. Its message the remedies are not out of reach for a part of the world that has proven itself both intrepid and inclusive.

Suggested Citation

  • Martin Raiser & Indermit S. Gill, 2012. "Golden Growth : Restoring the Lustre of the European Economic Model," World Bank Publications - Books, The World Bank Group, number 6016, December.
    • Handle: RePEc:wbk:wbpubs:6016
    as

    Download full text from publisher

    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/6016/681680PUB0EPI004019020120Box367902B.pdf?sequence=1
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. World Bank, 2011. "Transition to a Low-Emissions Economy in Poland," World Bank Publications - Reports 27419, The World Bank Group.
    2. Kenneth Gillingham & Richard G. Newell & Karen Palmer, 2009. "Energy Efficiency Economics and Policy," Annual Review of Resource Economics, Annual Reviews, vol. 1(1), pages 597-620, September.
    3. Neij, Lena, 2008. "Cost development of future technologies for power generation--A study based on experience curves and complementary bottom-up assessments," Energy Policy, Elsevier, vol. 36(6), pages 2200-2211, June.
    4. Hulme,Mike, 2009. "Why We Disagree about Climate Change," Cambridge Books, Cambridge University Press, number 9780521727327.
    5. Piet Buys & Uwe Deichmann & Craig Meisner & Thao Ton That & David Wheeler, 2009. "Country stakes in climate change negotiations: two dimensions of vulnerability," Climate Policy, Taylor & Francis Journals, vol. 9(3), pages 288-305, May.
    6. Niven Winchester & Sergey Paltsev & Jennifer Morris & John Reilly, 2010. "Costs of Mitigating Climate Change in the United States," Annual Review of Resource Economics, Annual Reviews, vol. 2(1), pages 257-273, October.
    7. Lewis, Joanna I. & Wiser, Ryan H., 2007. "Fostering a renewable energy technology industry: An international comparison of wind industry policy support mechanisms," Energy Policy, Elsevier, vol. 35(3), pages 1844-1857, March.
    8. Chichilnisky, Graciela & Heal, Geoffrey & Beltratti, Andrea, 1995. "The Green Golden Rule," Economics Letters, Elsevier, vol. 49(2), pages 175-179, August.
    9. Goldin,Ian & Winters,L. Alan (ed.), 1995. "The Economics of Sustainable Development," Cambridge Books, Cambridge University Press, number 9780521469579.
    10. World Bank, 2010. "Economics of Adaptation to Climate Change : Synthesis Report," World Bank Publications - Reports 12750, The World Bank Group.
    11. Samuel Fankhaeser & Friedel Sehlleier & Nicholas Stern, 2008. "Climate change, innovation and jobs," Climate Policy, Taylor & Francis Journals, vol. 8(4), pages 421-429, July.
    12. World Bank, 2010. "World Development Report 2010," World Bank Publications - Books, The World Bank Group, number 4387, December.
    13. Hulme,Mike, 2009. "Why We Disagree about Climate Change," Cambridge Books, Cambridge University Press, number 9780521898690.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fankhauser, Sam & Soare, Raluca, 2012. "Strategic adaptation to climate change in Europe," EIB Working Papers 2012/01, European Investment Bank (EIB).
    2. Enrique Aliste y otros, 2016. "Cambio Climático: Lecciones De Y Para Ciudades De América Latina," Books, Universidad Externado de Colombia, Facultad de Finanzas, Gobierno y Relaciones Internacionales, number 99, August.
    3. Natalie Slawinski & Jonatan Pinkse & Timo Busch & Subhabrata Bobby Banerjeed, 2014. "The role of short-termism and uncertainty in organizational inaction on climate change: multilevel framework," Working Papers hal-00961226, HAL.
    4. Andreas Bjurström & Merritt Polk, 2011. "Climate change and interdisciplinarity: a co-citation analysis of IPCC Third Assessment Report," Scientometrics, Springer;Akadémiai Kiadó, vol. 87(3), pages 525-550, June.
    5. Tammy Tabe, 2019. "Climate Change Migration and Displacement: Learning from Past Relocations in the Pacific," Social Sciences, MDPI, vol. 8(7), pages 1-18, July.
    6. Felix J. Formanski & Marcel M. Pein & David D. Loschelder & John-Oliver Engler & Onno Husen & Johann M. Majer, 2022. "Tipping points ahead? How laypeople respond to linear versus nonlinear climate change predictions," Climatic Change, Springer, vol. 175(1), pages 1-20, November.
    7. Benjamin Jones & Michael Keen & Jon Strand, 2013. "Fiscal implications of climate change," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 20(1), pages 29-70, February.
    8. Arun S. Malik & Stephen C. Smith, 2012. "Adaptation To Climate Change In Low-Income Countries: Lessons From Current Research And Needs From Future Research," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-22.
    9. Kate Elizabeth Gannon, Mike Hulme, 2017. "Geoengineering at the ‘edge of the world’: exploring perceptions of ocean fertilization through the Haida Salmon Restoration Corporation," GRI Working Papers 280, Grantham Research Institute on Climate Change and the Environment.
    10. Janet Judy McIntyre‐Mills, 2013. "Anthropocentrism and Well‐being: A Way Out of the Lobster Pot?," Systems Research and Behavioral Science, Wiley Blackwell, vol. 30(2), pages 136-155, March.
    11. Markus Dressel, 2022. "Models of science and society: transcending the antagonism," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-15, December.
    12. Sanober Naheed & Salman Shooshtarian, 2021. "A Review of Cultural Background and Thermal Perceptions in Urban Environments," Sustainability, MDPI, vol. 13(16), pages 1-15, August.
    13. Hall, C. Michael & Amelung, Bas & Cohen, Scott & Eijgelaar, Eke & Gössling, Stefan & Higham, James & Leemans, Rik & Peeters, Paul & Ram, Yael & Scott, Daniel & Aall, Carlo & Abegg, Bruno & Araña, Jorg, 2015. "No time for smokescreen skepticism: A rejoinder to Shani and Arad," Tourism Management, Elsevier, vol. 47(C), pages 341-347.
    14. Nancy Menning, 2018. "Narrating climate change as a rite of passage," Climatic Change, Springer, vol. 147(1), pages 343-353, March.
    15. Mercedes Bleda & Elisabeth Krull & Jonatan Pinkse & Eleni Christodoulou, 2023. "Organizational heuristics and firms' sensemaking for climate change adaptation," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 6124-6137, December.
    16. Richard Matthew, 2014. "Integrating climate change into peacebuilding," Climatic Change, Springer, vol. 123(1), pages 83-93, March.
    17. Zeyringer, Marianne & Fais, Birgit & Keppo, Ilkka & Price, James, 2018. "The potential of marine energy technologies in the UK – Evaluation from a systems perspective," Renewable Energy, Elsevier, vol. 115(C), pages 1281-1293.
    18. Chhetri, Netra & Ghimire, Rajiv & Wagner, Melissa & Wang, Meng, 2020. "Global citizen deliberation: Case of world-wide views on climate and energy," Energy Policy, Elsevier, vol. 147(C).
    19. Radoslav S. Dimitrov, 2010. "Inside UN Climate Change Negotiations: The Copenhagen Conference," Review of Policy Research, Policy Studies Organization, vol. 27(6), pages 795-821, November.
    20. Hochachka, Gail, 2021. "Integrating the four faces of climate change adaptation: Towards transformative change in Guatemalan coffee communities," World Development, Elsevier, vol. 140(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wbpubs:6016. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tal Ayalon (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.