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Choosing the right mix: market state and institutions for environmentally sustainable industrial growth
Efficiency, Growth and Exports are the main items on nationzs economic agenda. There is some concern (perhaps not adequate) for developing Safety Nets for people hurt/left out by growth. Unfortunately environmental ...
On internalization of externalities
Externalities can be internalized through market mechanism, government regulation, or self-governing institutions or a mix of these institutions. We recommend the institutional route which minimizes total cost (sum of ...
Scale equity and efficiency: a stone may kill more than one bird
Policy goals of efficiency, equity, and sustainability may not be independent. Also the policy instruments. i.e. price mechanism, fiscal policy, and scale may be related. We need to find answers about who shall decide the ...
Ecologically Sustainable Institutions