An Analytical Framework of Environmental Issues

Jonathan Levin

No 1993/053, IMF Working Papers from International Monetary Fund

Abstract: Environmental effects which were insignificant in the past, when the fewer concentrations of population or products of modern technology allowed the vast absorptive capacity of nature to act as a sink, are quite evident today--in the pollution of air or water, the overuse of potentially renewable fishing or forestry resources, or the wasteful extraction of nonrenewable, mineral, resources. To contribute to an overall understanding of environmental issues, this paper sets out a general analytical framework encompassing the physical character of environmental problems, the behavioral factors that contribute to them, and the principal approaches to their prevention and correction.

Keywords: WP; cost; pollution reduction requirement; air quality; carbon dioxide; oil spill; hazardous waste; heavy metal pollutant; market forces; Environmental taxes; Environmental policy; Discount rates; Climate change; Global; Central and Eastern Europe (search for similar items in EconPapers)
Pages: 18
Date: 1993-06-01
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