Paolo Avner's Books

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Navigating the Political Economy of Decarbonization

By: Stephane Hallegatte,Catrina Godinho,Jun Rentschler,Paolo Avner,Camilla Knudsen,Jana Lemke,Penny Mealy

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Within Reach

Navigating the Political Economy of Decarbonization

By: Stephane Hallegatte,Catrina Godinho,Jun Rentschler,Paolo Avner,Camilla Knudsen,Jana Lemke,Penny Mealy

Climate change presents a unique challenge in that policy makers need to balance the speed and scale required to achieve global objectives within the time required to ensure political acceptability and social sustainability. Within Reach: Navigating the Political Economy of Decarbonization identifies the key political economy barriers and explores the options to address them through four key recommendations: * Climate governance: strategically adapt the institutional architecture and embed climate objectives into a positive development narrative. Strategic governance institutions that reflect societal goals--such as climate change framework laws, longterm strategies, or just transition frameworks--can alter the political economy, set clear objectives, facilitate coordination across actors, and help monitor progress and hold decision-makers accountable. * Policy sequencing: balance short-term feasibility and long-term ambition. Because the political economy and institutional context are dynamic and can be influenced by policies, policy makers can select their priorities, not only to make policy implementation feasible but also to actively build capacity and change the political economy and institutional context, building momentum toward the long-term objective and transformation. * Policy design: focus on people and manage the distributional effects of climate policies. Climate policies have heterogenous impacts across households, sectors, and locations. Active labor policies, reskilling programs, compensations and transfers, place-based policies, and green industrial policies can be used to protect vulnerable populations, facilitate a just transition, and make policies more acceptable and sustainable. * Policy process: use public engagement and communication to improve design and legitimacy. Civic engagement can improve a policy's design, enhance legitimacy, foster compromise, and help identify unintended consequences early. Effective communication can make reforms more accessible to the public and increase support. This book shows how appropriate governance frameworks, strong institutional capacity, well-designed policies with adequate compensation measures, and early engagement with all stakeholders are essential strategic elements to building consensus and momentum for transformative policies. By deploying these tools, policy makers can navigate the urgency in climate action and its political economy challenges to achieve their long-term climate goals and secure a livable planet.

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Page Count

315

Publisher

World Bank Publications

Published Date

ISBN 10

1464819548

ISBN 13

9781464819544

Emerging Markets and Financial Globalization

Sovereign Bond Spreads in 1870-1913 and Today

By: Paolo Mauro,Nathan Sussman,Yishay Yafeh

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Emerging Markets and Financial Globalization

Sovereign Bond Spreads in 1870-1913 and Today

By: Paolo Mauro,Nathan Sussman,Yishay Yafeh

The frequency and virulence of recent financial crises have led to calls for reform of the current international financial architecture. In an effort to learn more about today's international financial environment, the authors turn to an earlier era of financial globalization between 1870 and 1913. By examining data on sovereign bonds issued by borrowing developing countries in this earlier period and in the present day, the authors are able to identify the characteristics ofsuccessful borrowers in the two periods. They are then able to show that global crises or contagion are a feature of the 1990s which was hardly known in the previous era of globalization. Finally, the authors draw lessons for today from archival data on mechanisms used by British investors in the 19thcentury to address sovereign defaults. Using new qualitative and quantitative data, the authors skilfully apply a variety of approaches in order to better understand how problems of volatility and debt crises are dealt with in international financial markets.

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Page Count

204

Publisher

Oxford University Press, USA

Published Date

ISBN 10

0199272697

ISBN 13

9780199272693

Within Reach

Navigating the Political Economy of Decarbonization

By: Stephane Hallegatte,Catrina Godinho,Jun Rentschler,Paolo Avner,Camilla Knudsen,Jana Lemke,Penny Mealy

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Within Reach

Navigating the Political Economy of Decarbonization

By: Stephane Hallegatte,Catrina Godinho,Jun Rentschler,Paolo Avner,Camilla Knudsen,Jana Lemke,Penny Mealy

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

315

Publisher

World Bank Publications

Published Date

ISBN 10

1464819548

ISBN 13

9781464819544

Book's by Paolo Avner

Within Reach

Within Reach

Emerging Markets and Financial Globalization

Emerging Markets and Financial Globalization

Within Reach

Within Reach

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