Selected Tools of Environmental Policy and their Economic Dimension Cover Image

Vybrané nástroje environmentálnej politiky a ich ekonomická dimenzia
Selected Tools of Environmental Policy and their Economic Dimension

Author(s): Eva Romančíková
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: environmental policy; internalisation of negative externalities; direct measures; indirect measures; environmental payments

Summary/Abstract: Selecting the tools of environmental policy has been an open question of how to resolve environment protection issues for a long time in history. This is because financial and economic dimensions, but also environmental efficiency of their application differs significantly. Direct tools (as opposed to indirect tools) of environmental policy are considered to be environmentally more efficient and more often checked. Lower economic effectiveness of financial resources is the main disadvantage of direct tools of environmental policy. On the other hand, increasing economic effectiveness of direct tools is determined by stimulative function. The article focuses at theoretical basis of environmental payments application – their typologies, functionality and constraints in providing economic effectiveness and environmental efficiency.

  • Issue Year: 54/2006
  • Issue No: 01
  • Page Range: 52-68
  • Page Count: 17
  • Language: Slovak