Environmental Policy under Weak Institutions

• Tác giả: Cem Karayalcin
• Ngôn ngữ: eng
• Ký hiệu phân loại: 155.44 Children by status, type, relationships
• Thông tin xuất bản: Washington, DC: World Bank, 2024
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 311166
• Chủ đề: 1. CLIMATE CHANGE; 2. DEVELOPMENT; 3. ENVIRONMENTAL POLICY

Tóm tắt

Developing countries are facing mounting pressures to incorporate environmental concerns into their policy reform agendas. This paper finds that common environmental policies, such as levying taxes to reduce the excessive exploitation of natural assets, can be self-defeating when (i) institutions are weak and (ii) the general equilibrium effects of such policy actions are overlooked. This seemingly paradoxical result is driven by fundamental mechanisms in structural transformation frameworks, without the need for strong assumptions. It also carries a clear policy implication: environmental policies should be considered within a country's broader development context, rather than in isolation.