The economics of international environmental problems

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The environment has been increasingly threatened in recent years. Notable examples are the rapid increase in the concentration of greenhouse gases in the atmosphere and the loss of biodiversity. Since environmental resources, as well as their absorptive capacity for emissions, are not confined to national borders, governments face new challenges in designing institutions and developing instruments for environmental policy.In this volume, experts from all over the world discuss the nature of these challenges and the basic elements needed for a solution to international environmental problems. Of special interest are the implementation of international environmental agreements and how conflicts between efficient solutions and political constraints affect the content of international environmental agreements.