[BOOK][B] A Comprehensive Package of Macroeconomic Policy Measures for Implementing China's Climate Mitigation Strategy
J Chateau, MW Chen, MF Jaumotte, K Zhunussova - 2022 - books.google.com
This paper presents ways for China to achieve its climate goals while also attain high-quality
growth—growth that is balanced, inclusive, and green. Using a dynamic computable general
equilibrium model that is calibrated to China, multiple scenarios are considered that
incorporate a sequence of layered policies:(i) frontloading mitigation with an earlier
emissions peak,(ii) power market reforms, and (iii) economic rebalancing. The results
highlight that these policies can significantly contribute to the success of the climate strategy�…
growth—growth that is balanced, inclusive, and green. Using a dynamic computable general
equilibrium model that is calibrated to China, multiple scenarios are considered that
incorporate a sequence of layered policies:(i) frontloading mitigation with an earlier
emissions peak,(ii) power market reforms, and (iii) economic rebalancing. The results
highlight that these policies can significantly contribute to the success of the climate strategy�…
A Comprehensive Package of Macroeconomic Policy Measures for Implementing China's Climate Mitigation Strategy
J Chȃteau, W Chen, F Jaumotte, K Zhunussova - 2022 - elibrary.imf.org
Abstrac t This paper presents ways for China to achieve its climate goals while also attain
high-quality growth—growth that is balanced, inclusive, and green. Using a dynamic
computable general equilibrium model that is calibrated to China, multiple scenarios are
considered that incorporate a sequence of layered policies:(i) frontloading mitigation with an
earlier emissions peak,(ii) power market reforms, and (iii) economic rebalancing. The results
highlight that these policies can significantly contribute to the success of the climate strategy�…
high-quality growth—growth that is balanced, inclusive, and green. Using a dynamic
computable general equilibrium model that is calibrated to China, multiple scenarios are
considered that incorporate a sequence of layered policies:(i) frontloading mitigation with an
earlier emissions peak,(ii) power market reforms, and (iii) economic rebalancing. The results
highlight that these policies can significantly contribute to the success of the climate strategy�…