How economic development influences the environment
NBER - Cambridge, MA
2021
39 p.
climate change ; poverty alleviation ; economic development ; environmental impact assessment ; economic growth
Working Paper
29191
Economic development
https://doi.org/10.3386/w29191
English
Bibliogr.
"Reducing global poverty and addressing climate change and other environmental crises are among the most important challenges facing humanity today. This review article discusses one way in which these problems are intertwined: economic development affects the environment. I synthesize recent microempirical research on the environmental effects of economic development in low- and middle-income countries. The studies that I discuss identify the causal effects of specific aspects of economic development such as greater household purchasing power, expanded access to credit, more secure property rights, technological progress, and stronger regulatory capacity. I conclude by outlining some gaps in the literature."
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