Are You Ready for the Green Economy?

As the global economy goes green, firms and policymakers need to determine which green sectors offer the greatest potential for success. An article in the latest issue of the Journal of Environment & Development, Mapping Green Product Spaces of Nations,” takes a practical approach with ‘product space maps’ which can be produced for virtually any country:

JED_72ppiRGB_150pixwBased on the “Product Space” model pioneered by Hidalgo, Klinger, Barabasi, and Hausmann (2007), this article proposes a data-based analytical approach to help policymakers identify green sectors and green products which a country is best positioned to produce and export. By explicitly displaying and analyzing green goods within the product space of a country, our approach, as outlined here, allows national policymakers and sectoral stakeholders to identify promising green growth options and design sectoral policies needed to support these. This article thus contributes to policymaking by offering a practical methodology which can serve as an additional tool to help countries interpret their own economic complexity, and to design and target green industrial policies in those sectors most likely to produce export gains.

Read the article, “Mapping Green Product Spaces of Nations,” published by Robert Hamwey, Henrique Pacini, and Lucas Assunção of the United Nations Conference on Trade and Development in the Journal of Environment & Development June 2013 issue, and sign up for e-alerts from the journal to get updates about new research and debate on the nexus of environment and development issues.

This entry was posted in Environmental and Social Issues and tagged , , , , , by Cynthia Nalevanko, Editor, Management INK. Bookmark the permalink.

About Cynthia Nalevanko, Editor, Management INK

Founded in 1965, SAGE is the world’s leading independent academic and professional publisher. Known for our commitment to quality and innovation, SAGE has helped inform and educate a global community of scholars, practitioners, researchers, and students across a broad range of subject areas. With over 900 employees globally from principal offices in Los Angeles, London, New Delhi, Singapore, and Washington DC, our publishing programme includes more than 560 journals and over 800 books, reference works and databases a year in business, humanities, social sciences, science, technology and medicine. Believing passionately that engaged scholarship lies at the heart of any healthy society and that education is intrinsically valuable, SAGE aims to be the world’s leading independent academic and professional publisher. This means playing a creative role in society by disseminating teaching and research on a global scale, the cornerstones of which are good, long-term relationships, a focus on our markets, and an ability to combine quality and innovation. Leading authors, editors and societies should feel that SAGE is their natural home: we believe in meeting the range of their needs, and in publishing the best of their work. We are a growing company, and our financial success comes from thinking creatively about our markets and actively responding to the needs of our customers.

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