Abstract
This article evaluates the case for a new World Environmental Organization. It suggests that the main purpose of such an institution could be to accomplish the internalization of global environmental externalities which, for a variety of reasons, has not been achieved to any significant degree in recent decades. This stands in contrast to recent proposals that call for a mere strengthening of existing global arrangements. The benefits of this approach, as well as some of its problems, such as ambiguous property rights, are discussed.
Original language | English |
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Pages (from-to) | 29-34 |
Number of pages | 6 |
Journal | Global Environmental Politics |
Volume | 1 |
Issue number | 1 |
Publication status | Published - 2001 |