Chapter 4. CLIMATE CHANGE AND THE GLOBAL ECONOMY
- International Monetary Fund. Research Dept.
- Published Date:
- April 2008
This chapter uses a global dynamic model to examine the macroeconomic and financial consequences of policies to address climate change. Although these consequences can be rapid and wide-ranging, this chapter finds that the overall costs of mitigation could be minimized if policies are well designed and accepted by a broad group of countries.