THE OXFORD HANDBOOK ON THE GREENING OF ECONOMIC DEVELOPMENT
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ISBN:
9780197908570
Publication date:
21/01/2026
Hardback
896 pages
Price: 2550.00 INR
We sell our titles through other companies
Disclaimer :You will be redirected to a third party website.The sole responsibility of supplies, condition of the product, availability of stock, date of delivery, mode of payment will be as promised by the said third party only. Prices and specifications may vary from the OUP India site.
ISBN:
9780197908570
Publication date:
21/01/2026
Hardback
896 pages
John A. Mathews & Arkebe Oqubay
- Provides a comprehensive account of the drivers for the greening of economic development
- Treats the greening of industry as a global solution to climate change and tackles the issues in a threefold setting of energy transition, resource circular flow, and greening of finance
- Highlights the significance of greening for developing countries as well as for countries that are already developed
- Explores greening from the perspective of changes along value chains and geopolitical tensions, emphasizing entrepreneurial opportunities
- Identifies why some greening policies work better than others
Rights: World Rights
John A. Mathews & Arkebe Oqubay
Description
Economic development, in its traditional formulation, ignores the impact of decisions made regarding energy, resources, and finance. The standard choices made are to use stocks of fossil fuels, stocks of resources and their linear flow, and generic finance. The implications of this are now clear. An alternative is being crafted which is based on flows of renewable energy and renewable fuels, on circular flows of resources, and on greening of financial instruments, such as equities and bonds. This involves a vast industrial revolution, creating the 'next' Great Transformation of the global economic system, one that is creating an economy that emulates life through its interconnections and circular flows. The shift is comprehensive, global, and all-encompassing. Greening of economic development is driven by industrial policy, technological capability, and enhancement of industrial capacity.
With over fifty contributors, this volume draws on specialist expertise to provide a comprehensive overview of this process of greening of economic development. It demonstrates how the shift in energy, resource flows, and finance is a process rather than an endpoint; that it is compatible with economic growth; that it is powered by economic drivers such as cost reductions generated by experience curves; and that at the vast scale and rapid pace required it calls for a global Green Deal.
The handbook frames novel objectives through greening that take state action and guidance in fresh directions and argues that the strategies involved are as relevant for emerging industrial economies creating new industries as to developed economies looking to transform themselves. Overall, it emphasizes how 'greening' creates a self-sustaining economy that does not cost the earth.
About the Author
Edited by John A. Mathews, Professor Emeritus, Macquarie University (Sydney), and Arkebe Oqubay, Global Professor, British Academy
John A. Mathews is Professor Emeritus at Macquarie University, Sydney, in the Macquarie Business School. He was Professor of Strategy at Macquarie Graduate School of Management from 2000 and previous to that held positions at University of NSW and a professorial fellowship at the Australian National University. He has focused for more than a decade on the strategic dynamics of greening of industry, applying insights from business theory to the greening of economic development.
Arkebe Oqubay is a British Academy Global Professor at SOAS University of London. He is a former Senior Minister and Special Advisor to three successive Prime Ministers of Ethiopia and the former Mayor of Addis Ababa. His current research focuses on structural transformation, catch-up, green transformation, and industrial policy with a focus on Africa.
Contributors:
Damon Aitken, SOAS, University of London
Maj Munch Andersen, University of Copenhagen
Nicola Armaroli, National Research Council, Italy
Jusen Asuka, Tohoku University
Jeffrey Ball, Stanford University
Diana Barrowclough, UNCTAD
Michael H. Best, University of Massachusetts Lowell
Chia-Chen Chang, National Tsing Hua University
Marian Chertow, Yale School of the Environment
Justin Che-Ping Chou, hiPower Hydrogen Technology
Rahman Daiyan, University of New South Wales
Mark Delucchi, UC Davis
Jan Fagerberg, University of Oslo
Maartje Feenstra, University of Technology Sydney
Piergiuseppe Fortunato, UNCTAD
Hon-Ngen Fung, Universiti Malaya
Ewan Gibbs, Glasgow University
Mei-Chih Hu, National Tsing Hua University
Tomas Kåberger, Chalmers University of Technology (Sweden)
Koichi Kanaoka, Yale University
M. Haider Ali Khan, University of New South Wales
Sung-Young Kim, Macquarie University
Richard Kozul-Wright, UNCTAD
Aarti Krishnan, University of Manchester
Michael A. Landesmann, Johannes Kepler University
Abbey Last, University of New South Wales
Amir Lebdioui, University of Oxford
Keun Lee, Seoul National University
Rasmus Lema, UNU-MERIT, United Nations University
Meg Jo-Chen Lin, Taiwan Institute of Economic Research and Taiwan Hydrogen and Fuel Cell Partnership
Laurie Macfarlane, Future Economy Scotland and UCL Institute for Innovation and Public Purpose (IIPP)
Felix Maile, University of Vienna
Mariana Mazzucato, University College London
Carlota Perez, University College London and University of Sussex
Robert Pollin, University of Massachusetts Amherst
Euston Quah, Nanyang Technological University
Rajah Rasiah, Universiti Malaya
John Schooneveldt, Australian National University
Gerhard Swiegers, University of Wollongong
Simran Talwar, University of Technology Sydney
Hao Tan, University of Nottingham Ningbo China
Jun Rui Tan, Nanyang Technological University
Elizabeth Thurbon, University of New South Wales
Gopi Krishnan Vijayaraghavan, Institute for Capital Market Research
Ulrich Volz, SOAS, University of London
Lindsay Whitfield, Copenhagen Business School
Chan-Yuan Wong, National Tsing Hua University
Tobias Wuttke, Bard College Berlin
Xin Xiong, Tsinghua University
Xianlai Zeng, Tsinghua University
John A. Mathews & Arkebe Oqubay
Table of contents
Acknowledgements
List of Figures
List of Tables
List of Contributors
I. Greening of Economic Development: Context and Theoretical Perspectives
1:Greening of economic development: An introduction, John A. Mathews and Arkebe Oqubay
2:The global green shift: History, dynamics, and prospects, Jan Fagerberg
3:Developmental environmentalism: Green growth in East Asia, Sung-Young Kim, Hao Tan, and Elizabeth Thurbon
4:Green transformation as new direction for techno-economic development, Rasmus Lema and Carlota Perez
5:Evolutionary dynamics of the Green and Circular Economy, Maj Munch Andersen
II. Greening of Energy, Resource Flows, and Finance
6:Fossil fuels exit: Challenges, perspectives, and bottlenecks, Nicola Armaroli
7:Reversing the fuel-electricity system provides for complete fossil fuel replacement and a stable grid, Tomas Kaberger
8:Social cost-benefit analysis of 100 percent renewables systems, Mark Delucchi
9:Renewable hydrogen production economics: Influence of electrolyser performance, Gerhard Swiegers with Rahman Daiyan, Abbey Last, and M. Haider Ali Khan
10:Taiwan's green technology development: The role of fuel cells and the green hydrogen economy, Meg Jo-Chen Lin, Justin Che-Ping Chou, and Mei-Chih Hu
11:Japanese debates over the energy transformation (GX), Jusen Asuka
12:Greening the economy: industrial ecology and industrial symbiosis, Marian R. Chertow and Koichi S. Kanaoka
13:The role of finance in greening economic development, Ulrich Volz and Damon Aitken
14:Role of mission-oriented development banks in greening, Mariana Mazzucato and Laurie Macfarlane
III. Greening along Value Chains
15:Green windows of opportunity and catch-up industrialization in Africa, Lindsay Whitfield, Felix Maile, and Tobias Wuttke
16:Economic performance of urban mining for future resource supply, Xianlai Zeng and Xin Xiong
17:Greening of global value chains, Aarti Krishnan
18:Regenerative farming and greening of food production, John Schooneveldt
19:Patenting strategies for electric vehicles, Chan-Yuan Wong, Chia-Chen Chang, and Hon-Ngen Fung
IV. Greening of Regions
20:How China's green strategy is changing the world, Jeffrey Ball
21:Greening in Central and South Asia: India, Simran Talwar and Maartje Feenstra
22:Greening in Northern Europe: Offshore wind power, Ewan Gibbs
23:Greening the economy: The Singapore model, Euston Quah and Jun Rui Tan
24:Greening in Southeast Asia, Rajah Rasiah and Gopi Krishnan Vijayaraghavan
25:Greening of Latin American economies, Amir Lebdioui
26:The European Union's green industrial policy, Michael A. Landesmann
27:A green transition in the United States: The case of fossil fuel-dependent West Virginia, Robert Pollin
V. Greening of strategies for economic development
28:Conditions for success of green industrial policy, Keun Lee
29:Greening industrial development strategies, Richard Kozul-Wright, Diana Barrowclough, and Piergiuseppe Fortunato
30:Greening of economic development: The New Deal's enduring legacy, Michael H. Best
31:Greening of economic development: The next Great Transformation - Conclusions and pathways to the future, John A. Mathews and Arkebe Oqubay
John A. Mathews & Arkebe Oqubay
Description
Economic development, in its traditional formulation, ignores the impact of decisions made regarding energy, resources, and finance. The standard choices made are to use stocks of fossil fuels, stocks of resources and their linear flow, and generic finance. The implications of this are now clear. An alternative is being crafted which is based on flows of renewable energy and renewable fuels, on circular flows of resources, and on greening of financial instruments, such as equities and bonds. This involves a vast industrial revolution, creating the 'next' Great Transformation of the global economic system, one that is creating an economy that emulates life through its interconnections and circular flows. The shift is comprehensive, global, and all-encompassing. Greening of economic development is driven by industrial policy, technological capability, and enhancement of industrial capacity.
With over fifty contributors, this volume draws on specialist expertise to provide a comprehensive overview of this process of greening of economic development. It demonstrates how the shift in energy, resource flows, and finance is a process rather than an endpoint; that it is compatible with economic growth; that it is powered by economic drivers such as cost reductions generated by experience curves; and that at the vast scale and rapid pace required it calls for a global Green Deal.
The handbook frames novel objectives through greening that take state action and guidance in fresh directions and argues that the strategies involved are as relevant for emerging industrial economies creating new industries as to developed economies looking to transform themselves. Overall, it emphasizes how 'greening' creates a self-sustaining economy that does not cost the earth.
About the Author
Edited by John A. Mathews, Professor Emeritus, Macquarie University (Sydney), and Arkebe Oqubay, Global Professor, British Academy
John A. Mathews is Professor Emeritus at Macquarie University, Sydney, in the Macquarie Business School. He was Professor of Strategy at Macquarie Graduate School of Management from 2000 and previous to that held positions at University of NSW and a professorial fellowship at the Australian National University. He has focused for more than a decade on the strategic dynamics of greening of industry, applying insights from business theory to the greening of economic development.
Arkebe Oqubay is a British Academy Global Professor at SOAS University of London. He is a former Senior Minister and Special Advisor to three successive Prime Ministers of Ethiopia and the former Mayor of Addis Ababa. His current research focuses on structural transformation, catch-up, green transformation, and industrial policy with a focus on Africa.
Contributors:
Damon Aitken, SOAS, University of London
Maj Munch Andersen, University of Copenhagen
Nicola Armaroli, National Research Council, Italy
Jusen Asuka, Tohoku University
Jeffrey Ball, Stanford University
Diana Barrowclough, UNCTAD
Michael H. Best, University of Massachusetts Lowell
Chia-Chen Chang, National Tsing Hua University
Marian Chertow, Yale School of the Environment
Justin Che-Ping Chou, hiPower Hydrogen Technology
Rahman Daiyan, University of New South Wales
Mark Delucchi, UC Davis
Jan Fagerberg, University of Oslo
Maartje Feenstra, University of Technology Sydney
Piergiuseppe Fortunato, UNCTAD
Hon-Ngen Fung, Universiti Malaya
Ewan Gibbs, Glasgow University
Mei-Chih Hu, National Tsing Hua University
Tomas Kåberger, Chalmers University of Technology (Sweden)
Koichi Kanaoka, Yale University
M. Haider Ali Khan, University of New South Wales
Sung-Young Kim, Macquarie University
Richard Kozul-Wright, UNCTAD
Aarti Krishnan, University of Manchester
Michael A. Landesmann, Johannes Kepler University
Abbey Last, University of New South Wales
Amir Lebdioui, University of Oxford
Keun Lee, Seoul National University
Rasmus Lema, UNU-MERIT, United Nations University
Meg Jo-Chen Lin, Taiwan Institute of Economic Research and Taiwan Hydrogen and Fuel Cell Partnership
Laurie Macfarlane, Future Economy Scotland and UCL Institute for Innovation and Public Purpose (IIPP)
Felix Maile, University of Vienna
Mariana Mazzucato, University College London
Carlota Perez, University College London and University of Sussex
Robert Pollin, University of Massachusetts Amherst
Euston Quah, Nanyang Technological University
Rajah Rasiah, Universiti Malaya
John Schooneveldt, Australian National University
Gerhard Swiegers, University of Wollongong
Simran Talwar, University of Technology Sydney
Hao Tan, University of Nottingham Ningbo China
Jun Rui Tan, Nanyang Technological University
Elizabeth Thurbon, University of New South Wales
Gopi Krishnan Vijayaraghavan, Institute for Capital Market Research
Ulrich Volz, SOAS, University of London
Lindsay Whitfield, Copenhagen Business School
Chan-Yuan Wong, National Tsing Hua University
Tobias Wuttke, Bard College Berlin
Xin Xiong, Tsinghua University
Xianlai Zeng, Tsinghua University
Table of contents
Acknowledgements
List of Figures
List of Tables
List of Contributors
I. Greening of Economic Development: Context and Theoretical Perspectives
1:Greening of economic development: An introduction, John A. Mathews and Arkebe Oqubay
2:The global green shift: History, dynamics, and prospects, Jan Fagerberg
3:Developmental environmentalism: Green growth in East Asia, Sung-Young Kim, Hao Tan, and Elizabeth Thurbon
4:Green transformation as new direction for techno-economic development, Rasmus Lema and Carlota Perez
5:Evolutionary dynamics of the Green and Circular Economy, Maj Munch Andersen
II. Greening of Energy, Resource Flows, and Finance
6:Fossil fuels exit: Challenges, perspectives, and bottlenecks, Nicola Armaroli
7:Reversing the fuel-electricity system provides for complete fossil fuel replacement and a stable grid, Tomas Kaberger
8:Social cost-benefit analysis of 100 percent renewables systems, Mark Delucchi
9:Renewable hydrogen production economics: Influence of electrolyser performance, Gerhard Swiegers with Rahman Daiyan, Abbey Last, and M. Haider Ali Khan
10:Taiwan's green technology development: The role of fuel cells and the green hydrogen economy, Meg Jo-Chen Lin, Justin Che-Ping Chou, and Mei-Chih Hu
11:Japanese debates over the energy transformation (GX), Jusen Asuka
12:Greening the economy: industrial ecology and industrial symbiosis, Marian R. Chertow and Koichi S. Kanaoka
13:The role of finance in greening economic development, Ulrich Volz and Damon Aitken
14:Role of mission-oriented development banks in greening, Mariana Mazzucato and Laurie Macfarlane
III. Greening along Value Chains
15:Green windows of opportunity and catch-up industrialization in Africa, Lindsay Whitfield, Felix Maile, and Tobias Wuttke
16:Economic performance of urban mining for future resource supply, Xianlai Zeng and Xin Xiong
17:Greening of global value chains, Aarti Krishnan
18:Regenerative farming and greening of food production, John Schooneveldt
19:Patenting strategies for electric vehicles, Chan-Yuan Wong, Chia-Chen Chang, and Hon-Ngen Fung
IV. Greening of Regions
20:How China's green strategy is changing the world, Jeffrey Ball
21:Greening in Central and South Asia: India, Simran Talwar and Maartje Feenstra
22:Greening in Northern Europe: Offshore wind power, Ewan Gibbs
23:Greening the economy: The Singapore model, Euston Quah and Jun Rui Tan
24:Greening in Southeast Asia, Rajah Rasiah and Gopi Krishnan Vijayaraghavan
25:Greening of Latin American economies, Amir Lebdioui
26:The European Union's green industrial policy, Michael A. Landesmann
27:A green transition in the United States: The case of fossil fuel-dependent West Virginia, Robert Pollin
V. Greening of strategies for economic development
28:Conditions for success of green industrial policy, Keun Lee
29:Greening industrial development strategies, Richard Kozul-Wright, Diana Barrowclough, and Piergiuseppe Fortunato
30:Greening of economic development: The New Deal's enduring legacy, Michael H. Best
31:Greening of economic development: The next Great Transformation - Conclusions and pathways to the future, John A. Mathews and Arkebe Oqubay
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