Title: Global environmental protection: solving the international public-goods problem by empowering the United Nations through cooperation with WTO
Authors: Yew-Kwang Ng, Po-Ting Liu
Addresses: Department of Economics, Monash University, Clayton, Victoria 3800, Australia. ' Department of Economics, Monash University, Clayton, Victoria 3800, Australia
Abstract: A significant, if not the major, characteristic of environmental protection is that its effect is largely worldwide. On the other hand, the world consists of hundreds of independent countries and regions. Therefore, an important problem in the protection of the global environment is that of the free-rider or public-goods problem. Pursuing its own interest, each country, state or region has insufficient incentive to safeguard global environment. This paper proposes a solution to this public-goods problem by enriching the United Nations with sufficient funds to subsidise abatement and empowering it with sharp enough teeth (through cooperation with the World Trade Organisation) to penalise non-compliance, including the failure to contribute the proposed higher contributions to the United Nations.
Keywords: environmental protection; globalisation; international cooperation; international public good; United Nations.
International Journal of Global Environmental Issues, 2003 Vol.3 No.4, pp.409 - 417
Available online: 31 Mar 2004Full-text access for editors Access for subscribers Purchase this article Comment on this article