Is International Cooperation in the Baltic Sea Drainage Basin Possible?
This chapter outlines the notion of Baltic Sea protection in terms of an economic public good. It argues that such a good is doomed to insufficient provision unless a financial mechanism is created to undertake abatement to a level that is justified by global considerations rather than local ones. By applying the Chander–Tulkens model of international cooperation, hypothetical transfers are estimated in order to conclude that the Baltic region is not yet ready yet to develop effective region-wide clean-up programmes.
KeywordsChander–tulkens model International cooperation Abatement
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