Acknowledgements -- Executive Summary -- 1 The Historical Context of Payments for Environmental Services -- 2 Payments for Environmental Services: Revisiting the Theoretical Baseline Assumptions -- 3 The Practical Perspective of Environmental Services Management -- 4 Conclusions -- Annex.

This book examines the impact of multinational enterprises (MNEs) on local economies, and presents selected case studies of MNEs operating in low income countries. By balancing external social and environmental costs against its corresponding benefits, the book demonstrates that MNEs can have a...