The Wall Street Consensus in pandemic times: what does it mean for climate-aligned development?
نویسندگان
چکیده
The COVID-19 pandemic has reinforced the dominance of what Daniela Gabor calls Wall Street Consensus (WSC) as hegemonic approach to sustainable development. Public commitments “green recoveries” and climate resilience, growing fiscal deficits in Global South, new central bank emergency liquidity measures have created more space for WSC policies. We examine key policy tools – infrastructure an asset class, rescuer last resort, disclosure climate-related financial risks carbon pricing argue that these will increase vulnerability South while doing little achieve climate-aligned
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ژورنال
عنوان ژورنال: Canadian Journal of Development Studies
سال: 2021
ISSN: ['2158-9100', '0225-5189']
DOI: https://doi.org/10.1080/02255189.2020.1865137