The Role of Green Growth and Sustainable Welfare in Sustainable Development of Developing Countries:The Case of Chile
Given the uncertain global economic outlook,population aging and growth,escalating climate change,and technological monopoly,competition and constraints,how to improve the sustainable development capabilities of developing countries and narrow the gap with developed countries have become urgent problems to be solved.Mainstream green growth and emerging sustainable welfare are the two transformation paths that could be adopted by welfare states to deal with the ecological crisis.This paper analyses the ways in which the climate finance scheme and universal security pension in Chile have worked on the relationship between growth,welfare and environment,aiming to explore the impact of external fund assistance and internal welfare adjustment on sustainable development,and to discuss the possibility of green growth and welfare system working together to promote sustainable development in developing countries.The study found that the global climate finance system has deviated from its redistributive purpose in that it underscored the logic of neoliberalism.In Chile,for example,the universal security pension has helped to alleviate problems such as poverty among the elderly,however,the government may not be aware of its environmental benefits and neglect to play its role.This research shows that the global climate finance plan should pay more attention to developing country's welfare provision and help to reduce the dependency of its welfare system on economic growth by building an independent,inclusive and sustainable system.Green growth and sustainable welfare are not fully"competing"for the sustainable development of developing countries,rather,they can also play a"complementary"role.
sustainable developmentgreen growthsustainable welfareclimate financeuniversal basic income