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Schumpeter: Green growth

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UK Only Article:  standard article Issue:  How to save the euro Fly Title:  Schumpeter Rubric:  Some emerging-world companies are combining growth with greenery Main image:  20110917_WBD000_0.jpg THE enrichment of previously poor countries is the most inspiring development of our time. It is also worrying. The environment is already under strain. What will happen when the global population rises from 7 billion today to 9.3 billion in 2050, as demographers expect, and a growing proportion of these people can afford goods that were once reserved for the elite? Can the planet support so much economic activity? Many policymakers adopt a top-down and Western-centric approach to such planetary problems. They discuss ambitious regulations in global forums, or look to giant multinationals and well-heeled NGOs to set an example. But since most people live in the emerging world, it makes sense to look at what successful companies there are doing to make growth more sustainable. A new study by the World ...

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