What Could a World Environmental Organization Do?

John Whalley ()

Global Environmental Politics, 2001, vol. 1, issue 1, pages 29-34

Abstract: This article evaluates the case for a new World Environmental Organization. It suggests that the main purpose of such an institution could be to accomplish the internalization of global environmental externalities which, for a variety of reasons, has not been achieved to any significant degree in recent decades. This stands in contrast to recent proposals that call for a mere strengthening of existing global arrangements. The benefits of this approach, as well as some of its problems, such as ambiguous property rights, are discussed. Copyright (c) 2001 Massachusetts Institute of Technology.

Date: 2001
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