Making Environmental Markets Work : The Varieties of Capitalism in Emerging Economies by Tabitha M. Benney (2016, Trade Paperback)

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Many states have experienced rapid economic growth over the past two decades that has led to an increasing share of global wealth. Such dramatic changes are highly relevant because they raise important issues about the distribution of global monetary and fiscal power.

About this product

Product Identifiers

PublisherRoutledge
ISBN-101138287296
ISBN-139781138287297
eBay Product ID (ePID)234891510

Product Key Features

Number of Pages156 Pages
LanguageEnglish
Publication NameMaking Environmental Markets Work : the Varieties of Capitalism in Emerging Economies
Publication Year2016
SubjectDeveloping & Emerging Countries, Environmental Economics, General, International Relations / General, Public Policy / Environmental Policy
TypeTextbook
Subject AreaPolitical Science, Social Science, Business & Economics
AuthorTabitha M. Benney
FormatTrade Paperback

Dimensions

Item Weight8.8 Oz
Item Length9 in
Item Width6 in

Additional Product Features

Intended AudienceCollege Audience
Reviews"This is an important book written at the right time. In an era when governments, businesses, and publics are seeking ways to reconcile capitalism with environmental and climate policies, when carbon markets and carbon taxes are being actively debated, and when climate science tells us we need to act, Benney's analysis lays bare crucial foundations for moving forward. Extending the varieties of capitalism literature to encompass emerging economies as she does here is a significant contribution by itself, but Benney takes us further using these insights to advance our understanding of the development of carbon markets and environmental governance. In bringing together literatures that are too often siloed, this book sheds new and important light on the determinants of success in developing carbon markets and progress in global environmental governance. The analysis is compelling with a creative development and deployment of rigorous methods, especially the Boolean Qualitative Comparative Analysis, and lucid prose that guides the reader through sophisticated theoretical and methodological terrain towards insightful payoff without sacrificing sophistication or rigor."--Matthew Hoffmann, University of Toronto, Canada ve Analysis, and lucid prose that guides the reader through sophisticated theoretical and methodological terrain towards insightful payoff without sacrificing sophistication or rigor."--Matthew Hoffmann, University of Toronto, Canada, "This is an important book written at the right time. In an era when governments, businesses, and publics are seeking ways to reconcile capitalism with environmental and climate policies, when carbon markets and carbon taxes are being actively debated, and when climate science tells us we need to act, Benney's analysis lays bare crucial foundations for moving forward. Extending the varieties of capitalism literature to encompass emerging economies as she does here is a significant contribution by itself, but Benney takes us further using these insights to advance our understanding of the development of carbon markets and environmental governance. In bringing together literatures that are too often siloed, this book sheds new and important light on the determinants of success in developing carbon markets and progress in global environmental governance. The analysis is compelling with a creative development and deployment of rigorous methods, especially the Boolean Qualitative Comparative Analysis, and lucid prose that guides the reader through sophisticated theoretical and methodological terrain towards insightful payoff without sacrificing sophistication or rigor."--Matthew Hoffmann, University of Toronto, Canada
Dewey Edition23
IllustratedYes
Dewey Decimal363.738746091724
Table Of ContentSelected Contents: 1. Introduction and Overview 2. Understanding the Emerging Market Economies 3. Theories of Comparative Capitalism 4. Measuring Environmental Outcomes of Capitalism 5. Varieties of Capitalism (VoC) in the Developing World 6. The Qualitative Comparative Analysis (QCA) Research Process 7. Determinates of Market Formation: Applying a Mixed Method Approach 8. Findings and Implications 9. Conclusions and Implications for Future Research. Appendix. References . Index
SynopsisPerhaps the most defining characteristic of the global economy today is the rise of emerging market economies (EMEs). Many states have experienced rapid economic growth over the past two decades that has led to an increasing share of global wealth. Such dramatic changes are highly relevant because they raise important issues about the distribution of global monetary and fiscal power. As the EMEs have gained importance in the global economy, their influence and significance have grown across a wide range of policy domains. One particularly relevant example is the increasingly critical role of EMEs in addressing climate change. Contrary to the popular belief that the level of development determines a country's ability to produce positive environmental outcomes, this book shows that the variation in environmental outcomes among the EMEs is due to differences in the types of economic institutions prevalent in their economies. Since EMEs differ dramatically on a number of variables, examining national variations in economic institutions helps explain why international climate policy has been more successful in some countries than in others. To assess how variations in capitalism may influence important outcomes, this book explores a representative sample of 31 EMEs and employs a mixed method research design that incorporates both conventional regression analysis and Qualitative Comparative Analysis (QCA) to explain these outcomes. The analysis shows that although liberal market economies were expected to perform better than other types of capitalism, their performance fell below expectations. On the contrary, economic institutions related to coordinated types of capitalism (like those found in China and Brazil) have led to greater Clean Development Mechanism (CDM) market participation. Theoretically informed, this book employs innovative ways of understanding a broad set of increasingly important but under studied states in an effort to highlight the interactions found in complex socio-political and ecological systems. With the growing importance of the EMEs, a better understanding of how to design market-based policies with them in mind will be required if future efforts across a range of policy issues are to be meaningful and effective.
LC Classification NumberHC59.72.E5B46 2016
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