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New Strategies for the Provision of Global Public Goods: Learning from International Environmental Challenges

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Author Info

  • Heal, G.

Abstract

The world of public goods has changed in the last quarter century. Many of the changes have their origins in massively increased human impacts on the biosphere, and in particular on important life support systems such as the carbon cycle, and on resources such as biodiversity, which operate as public goods that are privately provided. These goods have quite particular characteristics that may enhance the possibility of reaching durable international agreements concerning their provision. Adoption spillovers are important in this context: they can mitigate the normal free rider effect associated with public good provision. The private production of these public goods makes it natural to seek to use markets to manage their provision.

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Bibliographic Info

Paper provided by Columbia - Graduate School of Business in its series Papers with number 98-11.

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Length: 32 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:fth:colubu:98-11

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Postal: U.S.A.; COLUMBIA UNIVERSITY, GRADUATE SCHOOL OF BUSINESS, PAINE WEBBER , New York, NY 10027 U.S.A
Phone: (212) 854-5553
Web page: http://www.columbia.edu/cu/business/
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Related research

Keywords: PUBLIC GOODS ; ENVIRONMENT ; NATURAL RESOURCES;

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Cited by:
  1. Kimiko Terai, 2008. "International Coordination and Domestic Politics," Working Papers 080907, University of California-Irvine, Department of Economics.

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