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The Use Of Economic Instruments In Transitional Circumstances As A Tool For Sustainable Environmental Policy: Case Study Of Macedonian Path To Meet Globalization Challenges

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  • Nedanovski, Pece

Abstract

The demand for harmonization of domestic policies across countries is seen as a precondition for globalization. Does globalization conflict with environmental protection? The relationship between two of them is too complex. From the viewpoint of its protection, the environment must be seen as a whole. In the same time, the utility function based on income and pollution, is not identical and homothetic across different countries. It appears that the diversity in environmental protection is legitimate. In order to provide a sustainable environmental policy in transitional circumstances, the R. of Macedonia needs a balance between the goals of social development, economic progress and environmental protection. So far, because of the institutional development gap, only few economic instruments have been implemented in environmental protection in Macedonia. Consequently, the environmental policy including economic instruments should be considered with a view to balance the environmental achievements with its social and economic implications.

Suggested Citation

  • Nedanovski, Pece, 2008. "The Use Of Economic Instruments In Transitional Circumstances As A Tool For Sustainable Environmental Policy: Case Study Of Macedonian Path To Meet Globalization Challenges," 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia 5994, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare08:5994
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    References listed on IDEAS

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    1. Werner Antweiler & Brian R. Copeland & M. Scott Taylor, 2001. "Is Free Trade Good for the Environment?," American Economic Review, American Economic Association, vol. 91(4), pages 877-908, September.
    2. Liddle, Brantley, 2001. "Free trade and the environment-development system," Ecological Economics, Elsevier, vol. 39(1), pages 21-36, October.
    3. Arik Levinson & M. Scott Taylor, 2008. "Unmasking The Pollution Haven Effect," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 49(1), pages 223-254, February.
    4. Hoel, Michael, 2011. "Environmental R&D," Memorandum 12/2010, Oslo University, Department of Economics.
    5. Brian R. Copeland & M. Scott Taylor, 1995. "Trade and the Environment: A Partial Synthesis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(3), pages 765-771.
    6. Judith M. Dean, 2002. "Does trade liberalization harm the environment? A new test," Canadian Journal of Economics, Canadian Economics Association, vol. 35(4), pages 819-842, November.
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    Keywords

    economic instruments; environmental protection; sustainability; globalization; Environmental Economics and Policy; International Development;

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