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Nancy Kete,

Environmental policy instruments for market and mixed-market economies,


Utilities Policy,
Volume 4, Issue 1,
1994,
Pages 5-18,
ISSN 0957-1787,
https://doi.org/10.1016/0957-1787(94)90030-2.
(https://www.sciencedirect.com/science/article/pii/0957178794900302)
Abstract: This paper looks at the options available to public decision makers for
managing environmental protection programmes in order to meet environmental quality
objectives. Policymaking appears to be in transition towards more market-oriented
instruments, but it remains an open-ended experiment whether we shall successfully
execute a long-term social transition that involves the private sector and the
state in new relationships implied by the pollution prevention and economic
instruments rhetoric. In any event, now and in the future, the problem of social
cost will be met by a mix of policies and instruments, each equally legitimate
although not equally appropriate under every circumstance.
Keywords: Environment; Policy; Economics

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