Common Pool Regimes: A Critique

Jan-Erik Lane

Research in World Economy, 2012, vol. 3, issue 2, 75-85

Abstract: As environmental degradation increases around the globe, especially in relation to open access resources, new policies to augment sustainability have to be invented. The purpose of this paper is to provide a most concrete example of some of the difficulties involved, by means of examining recent data about the so-called Helcom regime for the Baltic Sea. The findings include that the heralded theory of common pools governance presents a too optimistic picture. Despite massive financing, the deterioration of the predicament of the important Baltic Sea has not been reversed.

Keywords: Sustainability; Common pools; CPR governance regime; PD game; Voluntary coordination; Helcom regime; Baltic Sea; Tragedy of the commons; Pollution sources; Environmental pressure (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:jfr:rwe111:v:3:y:2012:i:2:p:75-85

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