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dc.contributorEconomy Divisionen_US
dc.contributor.authorUnited Nations Environment Programmeen_US
dc.contributor.otherPanayotou, T.en_US
dc.coverage.spatialBrazilen_US
dc.coverage.spatialChinaen_US
dc.coverage.spatialDemocratic People's Republic of Koreaen_US
dc.date.accessioned2019-10-20T03:54:13Z
dc.date.available2019-10-20T03:54:13Z
dc.date.issued1997
dc.identifier.urihttps://wedocs.unep.org/20.500.11822/30345
dc.descriptionThe motivation behind the growing interest in economic instruments in Brazil, China and South Korea, as in other developing countries, has been to some extent similar to that of OECD countries but with the added urgency of environmental crisis, severely limited financial resources, weak institutional structure, and lagging enforcement capability. At the same time, they must be content with rapidly advancing resource depletion and environmental degradation, due in part to rapid economic growth and structural change and partly to the relative ineffectiveness of command and control regulations under developing country conditions. Thus, the context in which economic instruments have been introduced and are increasingly being used in the countries under review has been one of pressing and even growing environmental problems and severely limited resources to enforce environmental standards. Hence, the focus has been on using economic instruments as revenue raising mechanisms to finance the monitoring and enforcement of regulations, to undertake public environmental investments (e.g., waste treatment facilities) and to subsidize private environmental investments. While the motivations in OECD countries were similar and economic instruments have been used mainly as revenue-raising devices rather than as incentive systems for changing behaviour, it is fair to say that economic efficiency and even cost effectiveness have been even less of a concern and a motivating factor in developing countries.en_US
dc.formatTexten_US
dc.languageEnglishen_US
dc.rightsPublicen_US
dc.subjectmarket economyen_US
dc.subjectenvironmental managementen_US
dc.subjectgreen economyen_US
dc.subjectsustainable developmenten_US
dc.subjectlegislative processen_US
dc.subjectenvironmental policyen_US
dc.titleThe Application of Economic Instruments in Environmental Policies in Brazil, China and South Korea: A Synthesis Reporten_US
wd.identifier.sdgSDG 8 - Good Jobs and Economic Growthen_US
wd.identifier.sdgSDG 16 - Peace, Justice and Strong Institutionsen_US
wd.tagsSustainable Developmenten_US
wd.topicsEnvironmental Governanceen_US
wd.topicsFinance and Economic Transformationsen_US
wd.identifier.pagesnumber28 pagesen_US


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