A new paradigm for world welfare
Trade is one element of a larger exchange among people, communities and nations that involves goods and services, culture, and information as well as the natural environment. In many issues involving trade and the environment, there is significant uncertainty about the likelihood and severity of environmental impacts. This article discusses the implications of leaving the environment out of the accounting. Only when the environment is included in the equation will international trade have the potential to contribute to true global welfare.
Bibliographic Reference: Article: Environment, Vol. 37 (1995) No. 5, pp. 17-44
Record Number: 199511516 / Last updated on: 1995-12-12
Original language: en
Available languages: en