Institutional, Legal, and Economic Instruments in Ghana's Environmental Policy

Institutional, Legal, and Economic Instruments in Ghana's Environmental Policy.

/ This paper reviews the state of the environment in Ghana and explores the potential for the use of institutional, legal, and economic instruments in environmental management in the specific context of this developing country.The environmental situation in Ghana is characterized by desertification, land degradation, deforestation, soil erosion, and inadequate water supply in the northern regio...

Market-based Environmental Policy Instruments

Trade and Environmental Policy Instruments and Reforms

This chapter first presents and summarises results from recent analytical literature, explaining the implications of different policy menus to abate pollution in a small, polluted, competitive economy opening to world trade. This situation is consistent with the stylised facts of many developing economies evolving in a global marketplace and with emerging environmental concerns. The context of ...

Speed of Convergence And Economic Policy Instruments

This article presents an innovative methodology to empirically evaluate the response of the rate of convergence in the neoclassical growth model to changes in the conditional factors. We apply this method to test the sensitivity of the speed of convergence in the EU-15 during the period 1980-2002 to increases in human and public capital. INTRODUCTION The relation between private productivity an...

Designing Instruments for Resource and Environmental Policy

Contents 1. Introduction 2. The need for policy instruments 3. The Range of Policy Options 4. The Selection and Design of Policy Instruments 4.1. Efficiency with heterogeneous abatement costs 4.2. Difficult monitoring of emissions (but complementarity with products) 4.3. Efficiency with heterogeneous damage costs 4.4. Uncertainty in damage costs and efficiency 4.5. Inter-temporal efficiency wit...