In this paper, we extend the well known result that hyperbolically discounting agents tend to postpone costs into the future. In a simple model we show that, without commitment to the ex ante optimal plan, no investment in environmental protection is undertaken over the whole time horizon, no...

This paper discusses the Brazilian rural development model in the context of Green Economy and the debate about sustainable development, issues that have been discussed in international sphere. In this way, conceptions and new concepts have been defined which clarify the ideas and mechanisms...

Eco-labelling has become an increasingly popular instrument in recent years. Among the new developments which have been called for are that they should also be used as a means of encouraging developing countries to apply stricter environment policies. The following article investigates whether...

Environmental employment is an issue with high interest to the public and to policy makers. Yet, the debate is blurred by a great number of distinct definitions and hence estimates of environmental employment. Therefore it is essential to carefully document delimitations and methods used in any...

Today, the principles of a green economy are being updated and studied not only by experts in the field of environmental economics, but also in various political circles. A large number of countries use different instruments and principles of a green economy in their development policies and...

Even though the sustainable development concept has been largely debated in the literature and its essence is very clear, the way in which it is implemented differs between countries and regions. The main challenge for the European Union is to tackle the differences in the development level...