Global Environmental Macroeconomics

"Global Environmental Macroeconomics is the first book to place the macroeconomy into a context of the environment. Its two-country model incorporates ecological restrictions on the economy, including availability of nonrenewable resources, the ability of the environment to assimilate pollutants, the ability of the ecosystem to replenish renewable resources, the productivity of real resources (e.g. labor and capital) in pollution abatement, and the interactions between and among natural resource, labor, product, and financial markets within the model."--BOOK JACKET. "In spite of the amount of original material, the work is written so as to be accessible to advanced undergraduates and graduate-level students, and it also serves as an ideal resource for academic research."--BOOK JACKET.