Greening the GATT: Trade, Environment, and the FutureDaniel C. Esty, Daniel C.. Esty, Director of the Yale Center for Environmental Law and Policy and Professor Daniel Esty Institute for International Economics, 1994 - 319 pages There is growing consensus that new international rules and principles are needed to reconcile conflicts, and promote complementarities, between trade and environmental goals. The issue is especially acute for very poor countries striving for rapid economic growth. Esty, a former Environmental Protection Agency official with extensive experience in trade and environmental negotiations, examines the vital connections between trade, environment and development. He argues that current international trade rules and institutions must be significantly reformed to address environmental concerns while still promoting economic growth and development. Esty offers new international rules and principles to help make trade and environmental policies work together to better achieve sustainable economic progress. He concludes with recommendations for a Global Environmental Organization (GEO) to promote simultaneous achievement of trade environmental goals. |
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Page 16
Environmental regulation today increasingly builds on market mechanisms designed to internalize the costs to society of environmental harms and the use of economic incentives to guide people's actions ( Hahn and Stavins 1992 ) .
Environmental regulation today increasingly builds on market mechanisms designed to internalize the costs to society of environmental harms and the use of economic incentives to guide people's actions ( Hahn and Stavins 1992 ) .
Page 66
As Young ( 1994 ) argues , if " social costs and nonmarket considerations could be factored into global markets , then the gains from trade liberalization would be unambiguously positive in a social and an economic sense .
As Young ( 1994 ) argues , if " social costs and nonmarket considerations could be factored into global markets , then the gains from trade liberalization would be unambiguously positive in a social and an economic sense .
Page 160
But his point concerning general factor mobility and the relative equalization of costs of production that this implies could ... in other cost elements - for example , environmental compliance spending - more significant over time .
But his point concerning general factor mobility and the relative equalization of costs of production that this implies could ... in other cost elements - for example , environmental compliance spending - more significant over time .
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Contents
Introduction | 1 |
Origins of the Trade and Environment Conflict | 9 |
Conflict or Convergence | 35 |
Copyright | |
13 other sections not shown
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accept actions addition advance agreed agreement applied approach appropriate argues basis become benefits chapter competitiveness concerns costs Court create decision developing countries DIEGO differences domestic economic effect efforts ensure environmental harms environmental policies environmental protection environmental regulations environmental standards environmentalists established European example existing export face fact foreign free traders fund GATT global global environmental goals harm important imposed industry Institute interests international environmental international trade ISBN paper issues limited means ment mental multilateral natural negotiations noted Organization panel particularly parties pays permit political pollution potential principle problems programs question reduce reflect regime regulations requirements response result ronmental rules Specifically structure sustainable tion trade and environment trade liberalization trade measures trade restrictions tuna unilateral United waste
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Bibliographic information
| Title | Greening the GATT: Trade, Environment, and the Future |
| Authors | Daniel C. Esty, Daniel C.. Esty, Director of the Yale Center for Environmental Law and Policy and Professor Daniel Esty |
| Edition | illustrated |
| Publisher | Institute for International Economics, 1994 |
| Original from | the University of California |
| Digitized | 4 Aug 2008 |
| ISBN | 0881322059, 9780881322057 |
| Length | 319 pages |
| Export Citation | BiBTeX EndNote RefMan |