The European UnionOs Green Deal, a U1 trillion, 10-year investment plan to reduce greenhouse gas emissions by 55% in 2030 (relative to 1990 levels), has been hailed as the first comprehensive plan to achieve climate neutrality at a continental scale. The Deal also constitutes the UnionOs new signature mission, providing it with a new raison dOetre and a shared vision of green growth and prosperity for all. Because the stakes are high, a dispassionate, realistic look at the Green Deal is necessary to assess to what extent it reflects Owhat is politically attainableO and to what degree it does Owhat is requiredO in the face of continuous global warming. This paper considers the ambition, scale, substance and strategy of the Deal. It finds that the Green Deal falls short of Owhat is imperativeO but also of Owhat is politically possibleO. By choosing to make the Green Deal dependent on global finance, the European Commission itself closes down all policy space for systemic change as well as for ambitious green macroeconomics and green industrial policies, which would enable achieving climate neutrality in a socially and economically inclusive manner. Hence, Otto von Bismarck would have been as unpersuaded by the Green Deal proposal as Greta Thunberg, who dismisses it as mere Oempty wordsO.
欧盟的《绿色协议》是一项耗资1万亿欧元、为期10年的投资计划，旨在到2030年将温室气体排放量(相对于1990年的水平)减少55%。该计划被誉为首个在欧洲大陆范围内实现气候中和的综合计划。该协议还构成了欧盟新的标志性使命，为其提供了新的存在理由，并为所有人的绿色增长和繁荣提供了共同愿景。因为事关重大，所以有必要冷静而现实地看待《绿色协议》，以评估它在多大程度上反映了什么，在政治上可以实现什么，在多大程度上做了什么，以及在面对持续的全球变暖时需要做什么。本文对并购的雄心、规模、实质和策略进行了分析。报告发现，绿色协议既没有达到当务之急，也没有达到政治上的可行性。通过选择使绿色协议依赖于全球金融，欧盟委员会自己关闭了所有系统性变革的政策空间，以及雄心勃勃的绿色宏观经济和绿色产业政策，这些政策将以社会和经济包容性的方式实现气候中和。因此，奥托·冯·俾斯麦(Otto von Bismarck)可能会像格蕾塔·滕伯格(Greta Thunberg)一样，对绿色协议的提议不以为然，后者将其视为空话。
{"title":"The EU’s Green Deal: Bismarck’s ‘What is Possible’ Versus Thunberg’s ’What is Imperative'","authors":"Servaas Storm","doi":"10.36687/inetwp117","DOIUrl":"https://doi.org/10.36687/inetwp117","url":null,"abstract":"The European UnionOs Green Deal, a U1 trillion, 10-year investment plan to reduce greenhouse gas emissions by 55% in 2030 (relative to 1990 levels), has been hailed as the first comprehensive plan to achieve climate neutrality at a continental scale. The Deal also constitutes the UnionOs new signature mission, providing it with a new raison dOetre and a shared vision of green growth and prosperity for all. Because the stakes are high, a dispassionate, realistic look at the Green Deal is necessary to assess to what extent it reflects Owhat is politically attainableO and to what degree it does Owhat is requiredO in the face of continuous global warming. This paper considers the ambition, scale, substance and strategy of the Deal. It finds that the Green Deal falls short of Owhat is imperativeO but also of Owhat is politically possibleO. By choosing to make the Green Deal dependent on global finance, the European Commission itself closes down all policy space for systemic change as well as for ambitious green macroeconomics and green industrial policies, which would enable achieving climate neutrality in a socially and economically inclusive manner. Hence, Otto von Bismarck would have been as unpersuaded by the Green Deal proposal as Greta Thunberg, who dismisses it as mere Oempty wordsO.","PeriodicalId":365767,"journal":{"name":"Sustainability & Economics eJournal","volume":"64 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114218203","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper focusing on investigating the role of the financial intermediaries on the social development directly and indirectly through the economic development, which is a vital axe of the three main axes of the sustainable development, in Egypt during 12 years from 2006 to 2017. The researcher used multiple linear regression analysis by OLS method. The model tested the impact of the independent variables, on the dependent variables, which are the national income per capita, as a proxy of the poverty level, and the real GDP per capita, as a proxy of the economic development.
The research shows that the factors affect poverty significantly in Egypt are real GDP per capita, gross capital formation, banks deposits to GDP. Moreover, real GDP per capita is affected by Commercial bank branches (per 100,000 adults), Market capitalization of listed domestic companies (% of GDP), Monetary, Central Bank, Assets, Domestic Currency (% GDP), Domestic credit to private sector (% of GDP), and Banks Assets to GDP. These results illustrate that the financial intermediaries have both direct effect, and indirect effect on poverty through influencing the real GDP per capita.
{"title":"Investigating the Role of the Financial Intermediaries on Sustainable Development in Egypt: An Empirical Evidence","authors":"Essam Atta Arsanious","doi":"10.2139/ssrn.3636281","DOIUrl":"https://doi.org/10.2139/ssrn.3636281","url":null,"abstract":"This paper focusing on investigating the role of the financial intermediaries on the social development directly and indirectly through the economic development, which is a vital axe of the three main axes of the sustainable development, in Egypt during 12 years from 2006 to 2017. The researcher used multiple linear regression analysis by OLS method. The model tested the impact of the independent variables, on the dependent variables, which are the national income per capita, as a proxy of the poverty level, and the real GDP per capita, as a proxy of the economic development.<br><br>The research shows that the factors affect poverty significantly in Egypt are real GDP per capita, gross capital formation, banks deposits to GDP. Moreover, real GDP per capita is affected by Commercial bank branches (per 100,000 adults), Market capitalization of listed domestic companies (% of GDP), Monetary, Central Bank, Assets, Domestic Currency (% GDP), Domestic credit to private sector (% of GDP), and Banks Assets to GDP. These results illustrate that the financial intermediaries have both direct effect, and indirect effect on poverty through influencing the real GDP per capita. <br>","PeriodicalId":365767,"journal":{"name":"Sustainability & Economics eJournal","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117340652","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sustainability is turning out to be an important element of every lifestyle. It is having a dominant aspect on the purchasing power of the customers therefore the corporates are ensuring that the negative traits towards the environment are well mitigated and controlled. The research undertaken has reviewed various journals and has led to this conclusion that the progressive attitude of a corporate is strongly linked with the sustainable aspect of the corporate.
{"title":"Sustainable Supply Chain Finance: A Mini-Review","authors":"A. Alkaabi, Haitham Nobanee","doi":"10.2139/ssrn.3538654","DOIUrl":"https://doi.org/10.2139/ssrn.3538654","url":null,"abstract":"Sustainability is turning out to be an important element of every lifestyle. It is having a dominant aspect on the purchasing power of the customers therefore the corporates are ensuring that the negative traits towards the environment are well mitigated and controlled. The research undertaken has reviewed various journals and has led to this conclusion that the progressive attitude of a corporate is strongly linked with the sustainable aspect of the corporate.","PeriodicalId":365767,"journal":{"name":"Sustainability & Economics eJournal","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127112333","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The structure and key actors in large hydropower project financing has changed considerably over the past 50 years, particularly in low and lower-middle income countries (LICs and L-MICs). Exclusively public projects, typically financed by the host country government with support from multilateral development banks (MDBs), have become less common, while public-private-partnerships (PPPs) and new forms of bilateral finance arrangements have become more prevalent. However, fully privately financed projects with no public or MDB finance remain unusual in large hydropower projects. This paper traces the evolution and complexity of hydropower financing in LICs and L-MICs from the early 1970s to the present day, showing how the types and roles of various actors have changed over time and how new types of financing packages have surfaced to meet the growing need for large energy infrastructure projects. Examples from various LICs and L-MICS are used to describe the features of three of the most commonly used models of hydropower project financing: fully public finance, PPPs, and new bilateral finance. Comparative assessment of the key characteristics of different financing models and their strengths and limitations is provided to enable LICs and L-MICs to make informed choices over the allocation of their scarce financing resources in their struggle to balance urgent development needs with long-term sustainability objectives and economic impacts.
{"title":"Mapping the evolving complexity of large hydropower project finance in low and lower-middle income countries","authors":"Sanna Markkanen, Judith Plummer Braeckman, Pon Souvannaseng","doi":"10.2139/ssrn.3538159","DOIUrl":"https://doi.org/10.2139/ssrn.3538159","url":null,"abstract":"The structure and key actors in large hydropower project financing has changed considerably over the past 50 years, particularly in low and lower-middle income countries (LICs and L-MICs). Exclusively public projects, typically financed by the host country government with support from multilateral development banks (MDBs), have become less common, while public-private-partnerships (PPPs) and new forms of bilateral finance arrangements have become more prevalent. However, fully privately financed projects with no public or MDB finance remain unusual in large hydropower projects. This paper traces the evolution and complexity of hydropower financing in LICs and L-MICs from the early 1970s to the present day, showing how the types and roles of various actors have changed over time and how new types of financing packages have surfaced to meet the growing need for large energy infrastructure projects. Examples from various LICs and L-MICS are used to describe the features of three of the most commonly used models of hydropower project financing: fully public finance, PPPs, and new bilateral finance. Comparative assessment of the key characteristics of different financing models and their strengths and limitations is provided to enable LICs and L-MICs to make informed choices over the allocation of their scarce financing resources in their struggle to balance urgent development needs with long-term sustainability objectives and economic impacts.","PeriodicalId":365767,"journal":{"name":"Sustainability & Economics eJournal","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124076965","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Actively ongoing discussions shaping the WTO reform are aimed at solving urgent and systemic issues impeding both the functioning and the progress of the Organization and ensuring the relevance of the multilateral trading system in future. While a number of procedural and substantive suggestions were already accumulated, no big institutional decision has provided a reality check to the talks so far. A Doha Development Round issue, the dilemma of fisheries subsidization is a long-timer on the WTO agenda. Following certain reinforcement in Hong Kong (2005), yet stagnating thereafter, the subject made a return in Buenos Aires (2017). This time - largely due to the SDG 14.6, calling for the prohibition and/or elimination of certain forms of fisheries subsidies before 2020. Even though this deadline was extended [at least] till MC12, the fisheries subsidies agreement remains an only multilateral outcome expected for prospective delivery. The treaty-to-be could be viewed as a litmus paper for the WTO reform in several important respects, since the negotiators would have to find at least situation-specific solutions to the issues topping the agenda of the latter in order to reach a deal. As with other WTO subsidies disciplines, elaboration and implementation of the rules would heavily depend on transparency, which, so far, is crippled in the area, with notifications of trade-related effects of the fisheries subsidies being sporadic and, allegedly, incomplete. In the light of the ongoing discussions related to re-definition of development, it might be expected that a specific SDT approach would be espoused relying, to one extent or the other, on the fishing capacity or other indicators (national history of fishing subsidization; current volumes of subsidies granted; characteristics of the existent fishing fleet, etc.) or ability to implement particular disciplines, rather than on the development status as is. Particular ways towards implementing the SDT decided on should also be carefully considered. While discussions on the institutional aspects are not yet advanced, potential enforceability of the agreement via the WTO dispute settlement or, in alternative, ensuring its performance through other means, for instance, via a combination of transparency and deliberative mechanisms at the WTO, is to be established in the face of the recent AB demise. Finally, if reached, the agreement would explicitly open the door for the affirmative introduction of non-trade (in the present case – mostly environmental) concerns into the WTO Rule book, by shaping those as obligations, rather than exceptions.
{"title":"The WTO Reform through the Prism of the Fisheries Subsidies Agreement-to-Be","authors":"L. Guglya","doi":"10.2139/ssrn.3538832","DOIUrl":"https://doi.org/10.2139/ssrn.3538832","url":null,"abstract":"Actively ongoing discussions shaping the WTO reform are aimed at solving urgent and systemic issues impeding both the functioning and the progress of the Organization and ensuring the relevance of the multilateral trading system in future. While a number of procedural and substantive suggestions were already accumulated, no big institutional decision has provided a reality check to the talks so far. \u0000 \u0000A Doha Development Round issue, the dilemma of fisheries subsidization is a long-timer on the WTO agenda. Following certain reinforcement in Hong Kong (2005), yet stagnating thereafter, the subject made a return in Buenos Aires (2017). This time - largely due to the SDG 14.6, calling for the prohibition and/or elimination of certain forms of fisheries subsidies before 2020. Even though this deadline was extended [at least] till MC12, the fisheries subsidies agreement remains an only multilateral outcome expected for prospective delivery. \u0000 \u0000The treaty-to-be could be viewed as a litmus paper for the WTO reform in several important respects, since the negotiators would have to find at least situation-specific solutions to the issues topping the agenda of the latter in order to reach a deal. \u0000 \u0000As with other WTO subsidies disciplines, elaboration and implementation of the rules would heavily depend on transparency, which, so far, is crippled in the area, with notifications of trade-related effects of the fisheries subsidies being sporadic and, allegedly, incomplete. In the light of the ongoing discussions related to re-definition of development, it might be expected that a specific SDT approach would be espoused relying, to one extent or the other, on the fishing capacity or other indicators (national history of fishing subsidization; current volumes of subsidies granted; characteristics of the existent fishing fleet, etc.) or ability to implement particular disciplines, rather than on the development status as is. Particular ways towards implementing the SDT decided on should also be carefully considered. While discussions on the institutional aspects are not yet advanced, potential enforceability of the agreement via the WTO dispute settlement or, in alternative, ensuring its performance through other means, for instance, via a combination of transparency and deliberative mechanisms at the WTO, is to be established in the face of the recent AB demise. Finally, if reached, the agreement would explicitly open the door for the affirmative introduction of non-trade (in the present case – mostly environmental) concerns into the WTO Rule book, by shaping those as obligations, rather than exceptions.","PeriodicalId":365767,"journal":{"name":"Sustainability & Economics eJournal","volume":"242 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114452313","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Based on a number of background papers and discussions durning an Expert Workshop, this report identifies 12 concrete measures that could be included in the Framework on Investment Facilitation for Development being negotiated in the WTO.
{"title":"Concrete Measures for a Framework on Investment Facilitation for Development: Report","authors":"K. Sauvant, Matthew Stephenson","doi":"10.2139/ssrn.3529530","DOIUrl":"https://doi.org/10.2139/ssrn.3529530","url":null,"abstract":"Based on a number of background papers and discussions durning an Expert Workshop, this report identifies 12 concrete measures that could be included in the Framework on Investment Facilitation for Development being negotiated in the WTO.","PeriodicalId":365767,"journal":{"name":"Sustainability & Economics eJournal","volume":"66 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122539517","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This chapter recommends an alternative to the standard approach to economic stabilisation and growth policy for small open economies. The standard view, reflected in the analyses of the IMF, other international institutions, most think tanks and the media, is that a combination of credible inflation targetting regimes, flexible exchange rates, and fiscal sustainability are the core elements of a policy regime that is appropriate for all countries, regardless of size. Instead, for small open economies we propose the use of fiscal management to maintain and improve the international competitiveness of the economy, to maximise the inflow of private foreign capital motivated by attractive rates of return, and to stabilise inflation expectations by anchoring the exchange rate to an international reserve currency. This chapter explains the alternative policy framework, and compares it with the standard approach.
{"title":"An Alternative Policy Approach to Growth and Stabilisation in Small Open Economies","authors":"Delisle Worrell","doi":"10.2139/ssrn.3568563","DOIUrl":"https://doi.org/10.2139/ssrn.3568563","url":null,"abstract":"This chapter recommends an alternative to the standard approach to economic stabilisation and growth policy for small open economies. The standard view, reflected in the analyses of the IMF, other international institutions, most think tanks and the media, is that a combination of credible inflation targetting regimes, flexible exchange rates, and fiscal sustainability are the core elements of a policy regime that is appropriate for all countries, regardless of size. Instead, for small open economies we propose the use of fiscal management to maintain and improve the international competitiveness of the economy, to maximise the inflow of private foreign capital motivated by attractive rates of return, and to stabilise inflation expectations by anchoring the exchange rate to an international reserve currency. This chapter explains the alternative policy framework, and compares it with the standard approach.","PeriodicalId":365767,"journal":{"name":"Sustainability & Economics eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129029431","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-12-09DOI: 10.1108/IJIF-10-2018-0118
Ahmed Tahiri Jouti
Bringing more impact seems to be a real issue for social initiatives and organizations requiring the adoption of new approaches. The paper aims to define an integrated approach for building, maintaining and upgrading Islamic social finance and sustainable ecosystems.,The paper presents a conceptual framework based on case studies and literature review describing the methodology and the necessary steps to build sustainable ecosystems.,The paper shows the impact of building social finance ecosystems on tackling social issues. It emphasizes the idea that solving social issues is everybody’s business – from governments to businesses – and that those initiatives require sufficient Sharīʿah-compliant funding to achieve sustainability goals.,The paper does not focus on the Islamic world experiences in building ecosystems serving social causes.,The paper gives an overview on how collaboration between the different social oriented organisations can enhance the social impact of the different initiatives. The aim is to ensure adequate financing to all the ecosystem components during the whole lifecycle.,The suggested approach of building sustainable ecosystems can serve as a way to assess the existing social initiatives and practices to find relevant combinations targeting more impact.,In the social sphere, the idea of building ecosystems has been explored in different ways but never in a way that gathers all the components including finance providers, coordinators and the different types of initiatives. The paper adapts the ecosystem concept to the Islamic finance specificities.
{"title":"An Integrated Approach for Building Sustainable Islamic Social Finance Ecosystems","authors":"Ahmed Tahiri Jouti","doi":"10.1108/IJIF-10-2018-0118","DOIUrl":"https://doi.org/10.1108/IJIF-10-2018-0118","url":null,"abstract":"Bringing more impact seems to be a real issue for social initiatives and organizations requiring the adoption of new approaches. The paper aims to define an integrated approach for building, maintaining and upgrading Islamic social finance and sustainable ecosystems.,The paper presents a conceptual framework based on case studies and literature review describing the methodology and the necessary steps to build sustainable ecosystems.,The paper shows the impact of building social finance ecosystems on tackling social issues. It emphasizes the idea that solving social issues is everybody’s business – from governments to businesses – and that those initiatives require sufficient Sharīʿah-compliant funding to achieve sustainability goals.,The paper does not focus on the Islamic world experiences in building ecosystems serving social causes.,The paper gives an overview on how collaboration between the different social oriented organisations can enhance the social impact of the different initiatives. The aim is to ensure adequate financing to all the ecosystem components during the whole lifecycle.,The suggested approach of building sustainable ecosystems can serve as a way to assess the existing social initiatives and practices to find relevant combinations targeting more impact.,In the social sphere, the idea of building ecosystems has been explored in different ways but never in a way that gathers all the components including finance providers, coordinators and the different types of initiatives. The paper adapts the ecosystem concept to the Islamic finance specificities.","PeriodicalId":365767,"journal":{"name":"Sustainability & Economics eJournal","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131164241","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The article explores the implications of natural resource scarcity in terms of global cooperation and trade. We investigate whether there exist stable international long-term agreements that take into account the disparities between countries in terms of geological endowments and productive capacity, while caring about future generations. For that purpose, we build an original cooperative game framework, where countries can form coalitions in order to optimize their discounted consumption stream in the long-run, within the limits of their stock of natural resources. We use the concept of the recursive core that satisfies both coalitional stability and time consistency. We show that this set is nonempty, stating that an international long-term agreement along the optimal path will be self-enforcing. The presented model can be viewed as a tool to refresh the common look at the North-South opposition and sets the conceptual framework for the exploration of a fair sharing of the fruits of global economic growth.
{"title":"Sharing the Global Benefits of Finite Natural Resource Exploitation: A Dynamic Coalitional Stability Perspective","authors":"Stéphane Gonzalez, F. Rostom","doi":"10.2139/ssrn.3515290","DOIUrl":"https://doi.org/10.2139/ssrn.3515290","url":null,"abstract":"The article explores the implications of natural resource scarcity in terms of global cooperation and trade. We investigate whether there exist stable international long-term agreements that take into account the disparities between countries in terms of geological endowments and productive capacity, while caring about future generations. For that purpose, we build an original cooperative game framework, where countries can form coalitions in order to optimize their discounted consumption stream in the long-run, within the limits of their stock of natural resources. We use the concept of the recursive core that satisfies both coalitional stability and time consistency. We show that this set is nonempty, stating that an international long-term agreement along the optimal path will be self-enforcing. The presented model can be viewed as a tool to refresh the common look at the North-South opposition and sets the conceptual framework for the exploration of a fair sharing of the fruits of global economic growth.","PeriodicalId":365767,"journal":{"name":"Sustainability & Economics eJournal","volume":"75 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116903167","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-11-19DOI: 10.18601/16577175.n25.03
Lugo Manuel Barbosa Guerrero, Jorge Alexander Cortés Cortés
El modelo para la medición de la productividad es de gran ayuda para el sector automotriz y para cualquier sector industrial en general; además, permite afrontar los cambios del mercado, al tener en cuenta el control sobre las diferentes variables que impactan la productividad. Este modelo es una herramienta estratégica con la cual se puede mejorar la competitividad y con la que se facilita la medición de la productividad en el sector automotriz en Colombia. Esta herramienta puede optimizar la productividad a partir de la medición de tiempos y el balanceo de líneas de producción, identificando las tasas de producción, en las que se pudo definir la relación entre dos variables, y así tener las estimaciones de los niveles operativos y otros componentes.
{"title":"Modelo para la medición de la productividad de la industria automotriz en Colombia (Model for Measuring the Productivity of the Automotive Industry in Colombia)","authors":"Lugo Manuel Barbosa Guerrero, Jorge Alexander Cortés Cortés","doi":"10.18601/16577175.n25.03","DOIUrl":"https://doi.org/10.18601/16577175.n25.03","url":null,"abstract":"El modelo para la medición de la productividad es de gran ayuda para el sector automotriz y para cualquier sector industrial en general; además, permite afrontar los cambios del mercado, al tener en cuenta el control sobre las diferentes variables que impactan la productividad. Este modelo es una herramienta estratégica con la cual se puede mejorar la competitividad y con la que se facilita la medición de la productividad en el sector automotriz en Colombia. Esta herramienta puede optimizar la productividad a partir de la medición de tiempos y el balanceo de líneas de producción, identificando las tasas de producción, en las que se pudo definir la relación entre dos variables, y así tener las estimaciones de los niveles operativos y otros componentes.","PeriodicalId":365767,"journal":{"name":"Sustainability & Economics eJournal","volume":"121 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130534488","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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