An Asian Perspective on a World Environmental Organisation

Raghbendra Jha, Manoj Panda and Ajit Ranade

The World Economy, 2002, vol. 25, issue 5, 643-657

Abstract: We analyse the possible response from Asian developing countries (ADC) to the proposal for the formation of an international legal entity called World Environmental Organistion (WEO) designed to facilitate the internalisation of global environmental externalities. We argue that the WEO must recognise the fundamental indivisibility of the economic growthenvironment agenda in these countries. If suitable side payments in the shape of tariff concessions, relaxation of non‐tariff barriers and transfers of technology and cash are made and the WEO is seen to be relevant to the environmental problems of ADC, they may well participate in such a venture.

Date: 2002
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