Environmental Management and Economic Interdependence

  • Ingo Walter
Part of the Problems of Economic Integration book series


The question of environmental management has been characterised in the previous chapter as primarily a problem of public policy. No matter what the organisation of production, whether market-orientated or centrally-planned, there is no inherent mechanism that tends automatically to curb environmental damage resulting from production and consumption, and to bring about the internalisation of the attendant social costs. The necessary decisions have to be taken in a public-policy context — under existing environmental conditions and employing policy instruments considered most appropriate — with full knowledge of the relevant costs and benefits to society.


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Further Reading

  1. C. Fred Bergsten (ed.), The Future of the International Economic Order ( Lexington, Mass: D. C. Heath, 1973 ).Google Scholar
  2. Michael B. Connolly and Alexander K. Swoboda (eds), International Trade and Money (London: George Allen & Unwin, 1973).Google Scholar
  3. Richard N. Cooper, Economics of Interdependence ( New York: McGraw-Hill, 1968 ).Google Scholar
  4. Robert G. Hawkins and Ingo Walter (eds), The United States and International Markets ( Lexington, Mass.: D. C. Heath, 1972 ).Google Scholar
  5. Allen V. Kneese et al. (ed.), Managing the Environment: International Economic Cooperation for Pollution Control ( New York: Frederick A. Praeger, 1971 ).Google Scholar
  6. O.E.C.D., Problems of Environmental Economics ( Paris: O.E. C.D., 1972 ).Google Scholar
  7. Charles Pearson and Wendy Takacz, ‘International Economic Implications of Environmental Control and Pollution Abatement Programs’, in United States International Economic Policy in an Interdependent World, Com-pendium of Papers (Washington, D.C.: Government Printing Office, 1971 ).Google Scholar

Copyright information

© Ingo Walter 1975

Authors and Affiliations

  • Ingo Walter
    • 1
  1. 1.Graduate School of Business AdministrationNew York UniversityUSA

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