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Can Rich Countries Become Pollution Havens
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Book Synopsis Can Rich Countries Become Pollution Havens? by : Victoria I. Umanskaya
Download or read book Can Rich Countries Become Pollution Havens? written by Victoria I. Umanskaya and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper bridges the gap between two-country Ricardian trade models where differences in environmental policies create pollution havens in a poorer region with weaker pollution regulations, and 2x2 Heckscher-Ohlin models that predict under certain conditions that pollution havens may occur in a richer region with tighter regulations. By relaxing the Heckscher-Ohlin assumptions of factor price equalization and no specialization, we show how creation of pollution havens in either region is possible, due to the interplay of policy and factor-endowment motives. We also analyze the conditions for creating pollution havens in the cases of exogenous and endogenous environmental policy.
Download or read book Pollution Havens written by Eric Neumayer and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: One cannot expect developing countries to have the same environmental standards as developed ones. Standards can be at their efficiency levels and yet be lower than in developed countries due to differences in emissions, in the pollution absorptive capacity and in the intensity of environmental preferences. However, developing countries can be said to provide a "pollution haven" if they set environmental standards below their efficiency levels or fail to enforce their standards in order to attract foreign investment. This article analyses which factors can give rise to pollution havens and examines whether these factors are more likely to characterise the developing world. The evidence pertaining to pollution havens is reviewed. It is argued that in spite of the rather limited evidence for their existence it is nevertheless important to evaluate policy options for tackling (potential) pollution havens. A comprehensive range of options are evaluated according to whether they appear to be effective, politically realistic, development friendly, closed to abuse and not unnecessarily restrictive.
Book Synopsis The Economics of Pollution Havens by : Don Fullerton
Download or read book The Economics of Pollution Havens written by Don Fullerton and published by Edward Elgar Publishing. This book was released on 2006 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: A pollution haven may arise if environmental stringency differs between countries, when capital is mobile, and when trade rules allow firms to relocate and still sell their products to the same customers. This cohesive volume analyzes how country characteristics determine environmental rules, how those rules affect production costs, trade, and investment flows, how those flows affect pollution, prices, and incomes, and finally how all of these last considerations feed back into environmental rules. The sixteen papers collected here represent the most recent and significant advancements of knowledge on the subject. The contributors, all well-known scholars in the area, investigate how polluter location decisions respond to pollution policies, how local environmental rules respond to those location decisions, and how trade liberalization affects the incentives of governments to regulate dirty industries. The volume begins with a comprehensive overview by M. Scott Taylor and goes on to explore how the usual effects of pollution havens can be reversed. Also covered are the ways in which managed trade and trade liberalization, the regulation of multinationals, political stability and emissions controls impact pollution havens. Written for a multidisciplinary audience, The Economics of Pollution Havens will be of interest to those working in the areas of economics, international trade, political science, public policy, and environmental studies.
Book Synopsis Pollution Havens and Foreign Direct Investment by : Beata K. Smarzynska Javorcik
Download or read book Pollution Havens and Foreign Direct Investment written by Beata K. Smarzynska Javorcik and published by World Bank Publications. This book was released on 2001 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The "pollution haven" hypothesis states that multinational firms, particularly those in highly polluting industries, relocate to countries with weak environmental standards. Despite the plausibility and popularity of this hypothesis, Smarzynska and Wei find only weak evidence in its favor.
Book Synopsis Trade and the Environment by : Brian R. Copeland
Download or read book Trade and the Environment written by Brian R. Copeland and published by Princeton University Press. This book was released on 2013-12-03 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowhere has the divide between advocates and critics of globalization been more striking than in debates over free trade and the environment. And yet the literature on the subject is high on rhetoric and low on results. This book is the first to systematically investigate the subject using both economic theory and empirical analysis. Brian Copeland and Scott Taylor establish a powerful theoretical framework for examining the impact of international trade on local pollution levels, and use it to offer a uniquely integrated treatment of the links between economic growth, liberalized trade, and the environment. The results will surprise many. The authors set out the two leading theories linking international trade to environmental outcomes, develop the empirical implications, and examine their validity using data on measured sulfur dioxide concentrations from over 100 cities worldwide during the period from 1971 to 1986. The empirical results are provocative. For an average country in the sample, free trade is good for the environment. There is little evidence that developing countries will specialize in pollution-intensive products with further trade. In fact, the results suggest just the opposite: free trade will shift pollution-intensive goods production from poor countries with lax regulation to rich countries with tight regulation, thereby lowering world pollution. The results also suggest that pollution declines amid economic growth fueled by economy-wide technological progress but rises when growth is fueled by capital accumulation alone. Lucidly argued and authoritatively written, this book will provide students and researchers of international trade and environmental economics a more reliable way of thinking about this contentious issue, and the methodological tools with which to do so.
Book Synopsis The Changing Wealth of Nations 2018 by : Glenn-Marie Lange
Download or read book The Changing Wealth of Nations 2018 written by Glenn-Marie Lange and published by World Bank Publications. This book was released on 2018-01-30 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth—the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their economic health and prospects for the future. Wealth accounts allow countries to take stock of their assets to monitor the sustainability of development, an urgent concern today for all countries. The Changing Wealth of Nations 2018: Building a Sustainable Future covers national wealth for 141 countries over 20 years (1995†“2014) as the sum of produced capital, 19 types of natural capital, net foreign assets, and human capital overall as well as by gender and type of employment. Great progress has been made in estimating wealth since the fi rst volume, Where Is the Wealth of Nations? Measuring Capital for the 21st Century, was published in 2006. New data substantially improve estimates of natural capital, and, for the fi rst time, human capital is measured by using household surveys to estimate lifetime earnings. The Changing Wealth of Nations 2018 begins with a review of global and regional trends in wealth over the past two decades and provides examples of how wealth accounts can be used for the analysis of development patterns. Several chapters discuss the new work on human capital and its application in development policy. The book then tackles elements of natural capital that are not yet fully incorporated in the wealth accounts: air pollution, marine fi sheries, and ecosystems. This book targets policy makers but will engage anyone committed to building a sustainable future for the planet.
Book Synopsis Impact of Rich Countries' Policies on Poor Countries by : Rachel Weaving
Download or read book Impact of Rich Countries' Policies on Poor Countries written by Rachel Weaving and published by Routledge. This book was released on 2017-12-02 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: "All United Nations heads of state have endorsed the Millennium Development Goals, which aim to reduce the incidence of absolute poverty by half by 2015. To reach those goals, growth in developing countries will have to be twice the levels achieved in the 1990s for the next fifteen years. This will require, at the least, new rules of the development game.At present, rich countries exercise control over the institutions that oversee the global economy. This volume addresses a curiously neglected area of policy analysis--the impact of rich countries' policies on the global poor. Four-fifths of the world's people subsist on one-fifth of the world's income. One-fifth live in abject poverty, on less than one dollar a day. The main responsibility for reducing poverty reduction naturally rests with developing countries. But globalization means that rich countries must also play their part.Industrialized countries dominate global environmental management through the heavy ecological footprint of their production and consumption patterns. Adjustments of their policies by rich countries may be as critical as government reforms in poor countries. Past research has concentrated on policy adjustments that need to be made within poor countries to aid effectiveness, and trade reform.Relatively little is known about the economic consequences of migration, control of intellectual property, and environmental regulations. Even less research has been done on the interaction and combined impact of the full spectrum of rich countries' policies on the economy, society, and ecology in poor countries. These knowledge gaps inhibit rational debate, let alone evidence-based policymaking that may lead towards sustainable and equitable growth. At current levels, aid alone cannot deliver adequate progress towards the Millennium Development Goals.The surveys by eminent development analysts and practitioners included in this volume sketch a road map for a better understanding of the"
Download or read book Greening Industry written by and published by World Bank Publications. This book was released on 2000 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accompanying CD-ROM contains background and reference material for the text, including the text itself, as well as a slightly modified version of the World Bank's New ideas for pollution regulation (NIPR) web site, current as of 9/29/99. CD-ROM also includes Netscape, Adobe Acrobat, and Real Media audio/video player.
Book Synopsis Moving to Greener Pastures? by : Gunnar S. Eskeland
Download or read book Moving to Greener Pastures? written by Gunnar S. Eskeland and published by . This book was released on 2002 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents evidence on whether multinationals are flocking to developing country 'pollution havens'. Although we find some evidence that foreign investors locate in sectors with high levels of air pollution, the evidence is weak at best. We then examine whether foreign firms pollute less than their peers. We find that foreign plants are significantly more energy efficient and use cleaner types of energy. We conclude with an analysis of US outbound investment. Although the pattern of US foreign investment is skewed towards industries with high costs of pollution abatement, the results are not robust across specifications.
Book Synopsis Challenges to Globalization by : Robert E. Baldwin
Download or read book Challenges to Globalization written by Robert E. Baldwin and published by University of Chicago Press. This book was released on 2007-11-01 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.
Book Synopsis Stakeholder Capitalism by : Klaus Schwab
Download or read book Stakeholder Capitalism written by Klaus Schwab and published by John Wiley & Sons. This book was released on 2021-01-27 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.
Book Synopsis Foreign Direct Investment, Governance, and the Environment in China by : J. Zhang
Download or read book Foreign Direct Investment, Governance, and the Environment in China written by J. Zhang and published by Springer. This book was released on 2014-01-01 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book links the environment and corruption with China's large inflows of foreign direct investment (FDI). It investigates the effects of economic development and foreign investment on pollution in China; the effects of corruption and governance quality on FDI location choice in China.
Book Synopsis Waste Trading among Rich Nations by : Kate O'Neill
Download or read book Waste Trading among Rich Nations written by Kate O'Neill and published by MIT Press. This book was released on 2000-06-19 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: When most people think of hazardous waste trading, they think of egregious dumping by U.S. and European firms on poor countries in Africa, Latin America, and the Caribbean. But over 80 percent of the waste trade takes place between industrialized nations and is legal by domestic and international standards. In Waste Trading among Rich Nations, Kate O'Neill asks why some industrialized nations voluntarily import such wastes in the absence of pressing economic need. She focuses on Britain as an importer and Germany as an exporter and also looks at France, Australia, and Japan. According to O'Neill, most important in determining whether an industrialized democracy imports waste are two aspects of its regulatory system. The first is the structure of the regulatory process—how powers and responsibilities are allocated among different agencies and levels of government—and the structure of the hazardous waste disposal industry. The second is what O'Neill calls the "style" of environmental regulation, in particular access to the policy process and mode of implementation. Hazardous waste management is in crisis in most industrialized countries and is becoming increasingly controversial in international negotiations. O'Neill not only examines waste trading empirically but also develops a theoretical model of comparative regulation that can be used to establish links between domestic and international environmental politics.
Book Synopsis Shock Waves by : Stephane Hallegatte
Download or read book Shock Waves written by Stephane Hallegatte and published by World Bank Publications. This book was released on 2015-11-23 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.
Book Synopsis How to Avoid a Climate Disaster by : Bill Gates
Download or read book How to Avoid a Climate Disaster written by Bill Gates and published by Vintage. This book was released on 2021-02-16 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: #1 NEW YORK TIMES BEST SELLER • In this urgent, authoritative book, Bill Gates sets out a wide-ranging, practical—and accessible—plan for how the world can get to zero greenhouse gas emissions in time to avoid a climate catastrophe. Bill Gates has spent a decade investigating the causes and effects of climate change. With the help of experts in the fields of physics, chemistry, biology, engineering, political science, and finance, he has focused on what must be done in order to stop the planet's slide to certain environmental disaster. In this book, he not only explains why we need to work toward net-zero emissions of greenhouse gases, but also details what we need to do to achieve this profoundly important goal. He gives us a clear-eyed description of the challenges we face. Drawing on his understanding of innovation and what it takes to get new ideas into the market, he describes the areas in which technology is already helping to reduce emissions, where and how the current technology can be made to function more effectively, where breakthrough technologies are needed, and who is working on these essential innovations. Finally, he lays out a concrete, practical plan for achieving the goal of zero emissions—suggesting not only policies that governments should adopt, but what we as individuals can do to keep our government, our employers, and ourselves accountable in this crucial enterprise. As Bill Gates makes clear, achieving zero emissions will not be simple or easy to do, but if we follow the plan he sets out here, it is a goal firmly within our reach.
Book Synopsis From Poverty to Power by : Duncan Green
Download or read book From Poverty to Power written by Duncan Green and published by Oxfam. This book was released on 2008 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers a look at the causes and effects of poverty and inequality, as well as the possible solutions. This title features research, human stories, statistics, and compelling arguments. It discusses about the world we live in and how we can make it a better place.
Book Synopsis Governing the World Economy by : Willem Molle
Download or read book Governing the World Economy written by Willem Molle and published by Routledge. This book was released on 2013-09-05 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: The major problems the world faces have increased since the turn of the millennium. Recurrent storms on the financial markets have ravaged many countries, poverty is still widespread, notwithstanding decades of massive development aid, the environment remains in acute jeopardy and the major world institutions have often reached an impasse in attempting to combat these difficulties. The issues ask for rapid and consistent action by policy makers but the interests of international organizations, such as the WTO, World Bank and Kyoto protocol, have become too diversified to come to multilateral agreements setting uniform rules and asking for strict compliance with these rules. Alternative solutions are sought and development in the future is likely to be characterized by fuzzy and complex interactions between flexible groups of actors seeking agreements on the solutions for the most pressing new problems. Progress will become rather unpredictable and will depend on time, place and subject specific cases as well as convergence of interests. This need not be only negative. Flexible solutions have the advantage that they can be easily adapted in case the conditions change. In this new book, the follow up to his Global Economic Institutions, Willem Molle maps out the unfolding of this process.
