Green Transformation as an Economic Policy Tool
... the past this role has been played by manufacturing The green economy may serve as a spring-board to modernization just as in the past this role has been played by manufacturing. The multiplier effect coming from developing the foundations of the green economy surpasses mere inter-sectoral effects and encompasses factors such as greater capability of countries to forge ahead with integration into the global economy, writes Valdai Club Programme Director Yaroslav Lissovolik. In the context of the current pandemic one of the key priorities advanced by the international community was the need to attain a “green recovery” from the global economic downturn....