Concerns have been expressed that in a global market place with mobile capital, national governments will have incentives to set weak environmental policies ("environmental dumping") to protect the international competitiveness of their domestic firms and that these incentives are particularly...

We address concerns that globalisation gives national governments incentives to set weak environmental policies and that these incentives are particularly strong in industries where plants are footloose. Using a simple model of imperfect competition, we compare the environmental policies that...

A number of countries have recently introduced legislation which holds polluters liable for the costs of cleaning up environmental damage they have caused. While in principle this gives polluters appropriate incentives to reduce the risk of environmental damage, these incentives are weakened if...

Concerns have been expressed that in a global market place with mobile capital, national governments will have incentives to set weak environmental policies (“environmental dumpingâ€) to protect the international competitiveness of their domestic firms, that these incentives are...

This survey is part of a project on The Financial Implications of Environmental Legislation. The purpose of it is to see how the problem of credit rationing, according to borrowers' characteristics, has been empirically estimated in some literature. The survey considers first allocation of...

In his recent book <italic>The Idea of Justice</italic>, Amartya Sen suggests that political philosophy should move beyond the dominant, Rawls-inspired, methodological paradigm – what Sen calls ‘transcendental institutionalism’ – towards a more practically oriented approach to justice:...