Developing countries are facing mounting
pressures to incorporate environmental concerns into their
policy reform agendas. This paper finds that common
environmental policies, such as levying taxes to reduce the
excessive exploitation of natural assets, can be
self-defeating when (i) institutions are weak and (ii) the
general equilibrium effects of such policy actions are
overlooked. This seemingly paradoxical result is driven by
fundamental...
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详细
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2024/03/08
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政策研究报告
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WPS10719
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1
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2024/03/08
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Disclosed
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Environmental Policy under Weak Institutions