Public economics and the environment in an imperfect world

Growing populations and economies have increased the public's awareness that the world's environment resources are finite. The issues of global warming and depletion of the ozone layer have given universal significance to what were once local and regional pollution problems. In this book the interface between public economics and environmental economics is examined. It is evident that Coasian negotiations fail to internalize the costs of environmental degradation often calling for public intervention through the market mechanism. In this book those issues are considered and contributions on assessment problems, institutional aspects, the need for coordination and efficiency and distribution issues are included. The papers in this volume were selected from 64 papers, presented at the 50th IIPF (International Institute of Public Finance) congress. 15 contributions are grouped under the headings Introduction (Part 1), An Imperfect World (Part 2), Assessment Problems (Part 3), Institutional Aspects (Part 4), The Need for Coordination (Part 5), and Efficiency and Distribution Issues (Part 6). 25 figs., 39 tabs., 380 refs