People often talk as if governments can easily control economic outcomes. Content removed due to copyright restrictions. High-income countries decided to focus on economic growth realising that it was essential to generate revenues and taxes needed to pay for costly investments, for example, the storage of renewable energy, required to reduce the use of fossil fuels. Sources: Irwin Stelzer, The Sunday Times, 29 January 2023 Ray Bourne, The Times, 9 February 2023 Explain how the policies of high-income economies towards 'green energy' changed between 2015 and 2022.

Economics

IGCSE&ALevel

CAIE

Exam No：9708_s25_qp_43 Year：2025 Question No：1(c)

Answer:

5.4.3 tools of supply-side policy, for example training, infrastructure development, support for technological improvement

9.2.6.1 definition of sustainable economic growth

9.2.6.2 using and conserving resources

9.2.6.4 policies to mitigate the impact of economic growth on the environment and climate change