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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

  • Nedanovski, Pece
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    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.

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    Paper provided by Australian Agricultural and Resource Economics Society in its series 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia with number 5994.

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    Date of creation: 2008
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    Handle: RePEc:ags:aare08:5994
    Contact details of provider: Postal: AARES Central Office Manager, Crawford School of Public Policy, ANU, Canberra ACT 0200
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    1. Werner Antweiler & Brian R. Copeland & M. Scott Taylor, 1998. "Is Free Trade Good for the Environment?," NBER Working Papers 6707, National Bureau of Economic Research, Inc.
    2. 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, 02.
    3. 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.
    4. Liddle, Brantley, 2001. "Free trade and the environment-development system," Ecological Economics, Elsevier, vol. 39(1), pages 21-36, October.
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