This volume contains detailed information and assessment of incentives and policy instruments available within Europe to encourage good practice, and of how to achieve environmental gain in regional economic programmes. It describes an appropriate methodology for securing improved environmental benefit and explores the potential for achieving regional environmental competitiveness. There are insights based on wide international comparative experience of programme evaluation.

This book should interest all students and scholars of environmental economics and particularly those interested in the relationship between economic growth and environmental quality.

Net displacement of toxic intensity toward developing countries may not have been inevitable in the last two decades. And toxic industrial migration seems to have been the result of restrictive trade policies in the developing countries themselves more than of regulatory cost differences between the North and the South.

This volume assembles a group of eminent scholars to look at the problem of growth and environment from the perspective of environmental regulation. The questions addressed are: How does economic growth interact with regulation, and what are the best approaches to regulation in use today? The context for the volume is the current situation in China, where twenty years of rapid growth have created a situation in which there are both demands for environmental regulation and needs for choosing a future development path. The advent of "A Macro-Environmental Strategy" for China presents an opportunity to ask how and why China should introduce regulation into its management of its development. The volume includes contributions from leading Chinese experts and established environmental economists from other countries including Timo Goeschl, Ben Groom and Andreas Kontoleon. The volume looks at both the demand side of environmental regulation and the supply side. The demand side of regulatory intervention examines how regulation operates to supplement existing resource-allocation mechanisms, via effective demand aggregation and implementation mechanisms. The supply side of regulation examines how regulation operates to guide industrial growth down particular pathways, in the pursuit of managed development. Both sides of environmental regulation involve the important issue of implementation and enforcement. This volume will be of most value to academics and scholars of environmental economics, growth economics, the Chinese economy and policy-makers of environmental regulations.

Publisher description

The relationship between economic growth and the environment is at the forefront of public attention and poses serious challenges for policymakers around the world. Economic Analysis of Environmental Policy, a textbook for advanced undergraduate and graduate courses, provides a rigorous and thorough explanation of modern environmental economics, applying this exposition to contemporary issues and policy analysis. Opening with a discussion of contemporary pollution problems, institutional players and the main policy instruments at our disposal, Ross McKitrick develops core theories of environmental valuation and optimal control of pollution. Chapters that follow cover issues like tradable permits, regulatory standards, emission taxes, and polluter liability as well as advanced topics like trade and the environment, sustainability, risk, inequality, and self-monitoring. Throughout, McKitrick uses clear, intuitive, and coherent analytical tools, so that students, academics, and practitioners can develop their policy analysis skills while comprehending the debates and challenges at the frontier of this exciting and rapidly-developing field.

1.Economic Development : Meaning, Measurement, Indicators and Determinants,2. Underdeveloped (Developing) Economy—Concept of Underdevelopment, 3. Human Development, 4. Indian Economy on the Eve of Independence (Colonial Economy), 5. Structure and Basic Features of Indian Economy, 6. Evaluation of India’s Economic Planning, 7. Import Substituting Industrialisation, 8. Economic Reforms in India : Liberalisation, Privatisation & Globalisation, Demonetisation and GST, 9. Growth, Development and Structural Change in India, 10. Various Means of Transport : Road, Rail, Water and Air, 11. Changes in Policy Perspective in the Role of Institutional Framework After 1991, 12. Economic Growth and Distribution in India, 13. Problems of Poverty in India, 14. Unemployment in India, Nature, Extent and Employment Policy, 15.Economic Development and Environment, 16.Agriculture Growth and Performance in India, 17. Land Tenure and Reforms : Agricultural Holding and Consolidation, 18. Plans and Agriculture Development : Green Revolution, 19. Technological Change and Development in Agriculture (Agriculture Mechanisation), 20. Agricultural Price Policy, 21. Food Problem, Food Policy, Public Distribution System and Food Security, 22. Prominent Large Scale Industries of India—Cotton Textile, Jute, Sugar, Iron and Steel and Cement, 23. Micro, Small and Medium Enterprises (MSMEs) in India, 24. Foreign Trade of India, 25. India and the World Trade Organisation (WTO), 26. Role of Foreign Direct Investment in India.