Reduction Of Environmental Pollution And Poverty By Contemporary EU Environmental Policy Cover Image

Smanjenje zagađenja životne sredine i siromaštva savremenom politikom životne sredine EU
Reduction Of Environmental Pollution And Poverty By Contemporary EU Environmental Policy

Author(s): Boban Stojanović, Snežana Radukić, Vladan Vučić
Subject(s): Economy
Published by: Универзитет у Нишу
Keywords: Negative Externalities; Environmental Pollution; Poverty; Social Welfare; EU Environmental Policy

Summary/Abstract: Governments have a special responsibility to provide corrective action in the presence of negative externalitites because only governments can establish and enforce legal frameworks for regulating the use of environmental resources and transfer resources in this way that different social groups have unique posibilities in order to eradicate poverty. Unidirectional negative externalities are particularly anti-poor. Many potentially environmentally hazardous acivities are unjustified not only because of their negative economic impact but also for environmental and poverty reasons. The conventional economic approach to problems is to perceive them in terms of market failure and the mis-allocation of resources. Subsequently, the remedial or policy perspective is explicit in terms of the need to maximise social welfare. According to this viewpoint, justification for government intervention lies in the higher sustainable yield on natural assets and in the reduction of poverty.

  • Issue Year: 2010
  • Issue No: 1
  • Page Range: 105-117
  • Page Count: 13
  • Language: English