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International Trade, Factor Movements, and the Environment (Hardcover, New)
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International Trade, Factor Movements, and the Environment (Hardcover, New)
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Trade and the environment has become a major area of international
political dispute. This study investigates the interdependencies
between environmental policies and international trade policies. *
Does liberalization of international goods and factor markets cause
environmental disruption and welfare losses? * Will countries
institute lax ecological regulations to favour their domestic
producers? * Should trade restrictions be used for environmental
reasons and can environmental policy instruments be used to achieve
trade-related objectives? * Should there be what the author terms a
`green GATT'? The approach is mainly theoretical, and uses
traditional trade models like Hekscher-Ohlin as well as
non-competitive models of the `new' trade theory and public choice.
Some other important but often neglected aspects, such as trade in
hazardous wastes and the foreign debt problem, with the possibility
of debt-for-nature swaps, are also considered. Finally
International Trade, Factor Movements, and the Environment
addresses institutional issues on both national and international
levels. The book will be essential reading for all international
and environmental economists.
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