The Industrial Development Report 2013 examines the role of structural change and employment and explores the underlying drivers of structural change in manufacturing. While manufacturing employment is growing in developing countries, its decrease in developed countries is being mitigated by the rise in manufacturing-related services employment. The food and beverages and textiles and garments industries offer least developed countries tremendous potential for industrialization, whereas high-tech industries hold numerous opportunities for developed countries to invest and innovate and to thus sustain jobs. The impact of the critical drivers of structural change and industrialization—namely costs, technology, demand and resource efficiency—to sustain employment hinges on the industrial policies adopted. These must therefore be geared towards the structural transformation of the economy and will only be effective if the policy-making process plays as important a role as the policy content.
This paper analyses the role of behavioural factors for the energy management of micro and small enterprises (MSEs) in Sub-Sahara Africa for the first time. Drawing on semi-structured interviews and focus group discussions in Uganda, it finds that behavioural barriers impeding energy efficiency contribute to the limited performance of MSEs in Uganda. Limited self-control and short-term thinking, habits, a status quo bias and a lack of trust impede the uptake of energy efficiency, while first-hand experience with efficient technology, implementation intentions and social learning can be conducive. Behavioural insights on energy efficiency therefore present another piece of the puzzle on MSE performance.
The report Green Economy Scoping Study for Saint Lucia couples an in-depth analysis of Saint Lucia’s agriculture and tourism sectors with a more general review of manufacturing, transport and construction, integrating the key elements of energy, water and waste management.
The study recommends policy reforms that can help speed up the transition to a green economy in Saint Lucia which, like many Small Island Developing States, is disproportionately vulnerable to the impacts of climate change.It also dentifies the most significant challenges for the tourism sector: the high input costs (primarily for energy, water and waste management), competing uses for environmentally sensitive areas accompanied by inadequate land use policies (particularly in coastal areas) as well as the need to diversify Saint Lucian tourism beyond “sun, sea and sand” vacations.
There is a growing body of evidence that environmental regulations can support strong economic performance. This report from Sustainable Prosperity finds that environmental regulation comes with lower compliance costs and greater innovation than previously thought.
In 2014, researchers at the OECD constructed the first comprehensive set of data on environmental strictness and found that “an increase in stringency of environmental policies does not harm productivity growth.” We know this to be true for specific policies as well – the United States SO2 market has led to a greater than expected emissions reduction, at less than half the predicted compliance costs. The same good news story has been seen in Canada – The introduction of British Columbia’s carbon price coincided with a 16% decrease in overall fuel use in its first 5 years, at the same time that the province’s economy grew slightly more quickly than the rest of Canada’s.