Strategies for Environmental Policy in Transition Economies: Command Versus Market Instruments

Richard Lotspeich

Comparative Economic Studies, 1995, vol. 37, issue 4, 125-145

Abstract: Glasnost' revealed extensive environmental damage in all centrally planned economies. Using an established framework for evaluation of policy instruments, this essay provides a structured assessment of the environmental-control policy choice problem for transition economies, briefly reviews existing policies in select transition economies, and makes some policy recommendations. The goal is to inform and stimulate a policy debate toward adopting effective environmental policies that will serve these societies under the new form of economy they are seeking to build.

Date: 1995
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