Do Economic Instruments Help the Environment

Observer 204, February/March 1997
Over the last decade the OECD countries have made increasing use of so-called ‘economic instruments’ – ‘ecotaxes’, charges and tradable permits chief among them – in environmental policy. What have been the achievements of this approach? Do economic instruments deliver what was hoped of them, both in protecting the environment and promoting economic efficiency?
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Last update: 10 Nov 2020

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