ABSTRACT

This chapter examines one factor that helps to account for this, which was not anticipated by proponents of Green Keynesianism: the resilience of neoliberalism. It collects lessons from the cases – both positive and negative – and incorporates them into a set of criteria for evaluating whether a stimulus measure should qualify for a "green" label. These criteria hopefully assist governments in determining where to direct stimulus money in the future to maximize environmental benefits. The chapter returns to the discussion about the need for Green Keynesianism to be further developed as a more comprehensive policy framework and economic philosophy. It argues more work is needed to incorporate approaches from post-Keynesian and ecological economics into a Green Keynesian framework that moves beyond recommendations for stimulus measures in times of crisis and addresses the need for degrowth in advanced economies. The chapter closes with some reflections on what Green Keynesians can do to prepare for the next economic crisis.