Public Policy and the Environment: A Survey of the Literature

44 Pages Posted: 15 Feb 2006

See all articles by Timothy Muzondo

Timothy Muzondo

affiliation not provided to SSRN

Kenneth Miranda

affiliation not provided to SSRN

A. Lans Bovenberg

Tilburg University - Center for Economic Research (CentER); Centre for Economic Policy Research (CEPR); CESifo (Center for Economic Studies and Ifo Institute)

Date Written: June 1990

Abstract

This paper notes that market failure, policy failures, and population pressures are major sources of environmental degradation and that linkages between economic activities and the environment exist at the levels of macroeconomic objectives, macroeconomic policy instruments, implementation of environmental policies, and measurement of economic activity. This paper also points out that fiscal instruments can, and indeed do, play a significant role in resolving environmental problems. In addition, market-based solutions, including pollution permits, also have merit. This paper further points out that implementing environmental policies poses considerable challenges for public policymakers and concludes by suggesting areas for further research.

JEL Classification: 722

Suggested Citation

Muzondo, Timothy and Miranda, Kenneth and Bovenberg, A. Lans, Public Policy and the Environment: A Survey of the Literature (June 1990). IMF Working Paper No. 90/56, Available at SSRN: https://ssrn.com/abstract=884857

Timothy Muzondo (Contact Author)

affiliation not provided to SSRN

Kenneth Miranda

affiliation not provided to SSRN

No Address Available

A. Lans Bovenberg

Tilburg University - Center for Economic Research (CentER) ( email )

P.O. Box 90153
Tilburg, 5000 LE
Netherlands
+31 13 466 2912 (Phone)
+31 13 466 3066 (Fax)

Centre for Economic Policy Research (CEPR)

London
United Kingdom

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

HOME PAGE: http://www.CESifo.de

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