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Trade Liberalization and the Environment

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Do World Bank and IMF Policies Work?
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Abstract

Trade liberalization is viewed as damaging to the environment for several reasons. Trade is considered to be a magnifier, and if the correct environmental policies are not in place, enhanced production that accompanies enhanced trade could exacerbate the pressure on natural resources and increase industrial pollution.2 In addition, the social costs of liberalization that results in unrestricted import of dirty second-hand manufacturing technologies and hazardous agricultural inputs may outweigh the social benefits.

This chapter was written by Shahrukh R. Khan as a paper for the SDPI Green Economics Conference, 12–14 Sept. 1995, and has been published in the conference proceedings SDPI (1997). Many thanks are due to Safiya Aftab for invaluable assistance.

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© 1999 Shahrukh Rafi Khan

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Khan, S.R. (1999). Trade Liberalization and the Environment. In: Do World Bank and IMF Policies Work?. Palgrave Macmillan, London. https://doi.org/10.1057/9780230373259_10

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