English, Article edition: Trade and Environmental Policy: A Race to the Bottom? Ian Sheldon

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Bookmark: http://trove.nla.gov.au/version/108176
Physical Description
  • article
Language
  • English

Edition details

Title
  • Trade and Environmental Policy: A Race to the Bottom?
Author
  • Ian Sheldon
Physical Description
  • article
Notes
  • The focus of this paper is the issue of regulatory chill and a race to the bottom in environmental standards and policies. In particular, it explores the possibility that resolution of this problem may lie in a more flexible application of the existing General Agreement on Tariffs and Trade/​World Trade Organization (GATT/​WTO) rules. The structure of the discussion is divided into four parts: (i) the standard analysis of trade and environmental policy is laid out; (ii) the theoretical analysis of and empirical evidence for the existence of pollution havens is reviewed; (iii) the main arguments as to why governments may weaken domestic environmental policy with greater trade liberalisation is outlined; and (iv) some recent analysis of border tax adjustments for environmental taxes is laid out, leading to the basic conclusion of the paper: a method for countering any tendency for regulatory chill and a race to the bottom in environmental policies is already embedded in existing GATT/​WTO rules. Copyright 2006 Blackwell Publishing Ltd.
  • RePEc:bla:jageco:v:57:y:2006:i:3:p:365-392
Language
  • English
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