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Economic Instruments for Environmental Protection

Can We Trust the “Magic Carpet

Bibliographic Data

ID6297815
AuthorsHans Th A Bressers (University of Twente), Hans Bressers (0000-0001-5706-8039, University of Twente), Dave Huitema (0000-0002-0139-3913, CSTM)
Year1999
Volume20
Issue2
Pages175-196
Publication date1999-04-01
Open AccessYes
TypeARTICLE
VenueInternational Political Science Review (JOURNAL)
Journal identifiersISSN: 0192-5121 • E-ISSN: 1460-373X
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0192512199202004
OpenAlexW1999855295
LanguageEN
Citations received6
References cited19

Economic instruments appear at first to be a promising alternative to regulations as instruments of environmental policy. Because they put market forces to work for the goal of a sustainable society, they are often portrayed as achieving goals at much lower costs. In this sense, economic instruments appear as a type of “magic carpet” for the trip to sustainable development. The article presents a “pre-flight check” of the carpet’s viability, and finds several potential design problems. Economic instruments in practice often don’t comply with the underlying economic theory. Further, the dominating notion of cost-effectiveness is only one of many criteria which policy-makers must taken into account in the real world. It is not a question of “good science” vs. “bad politics,” but a recognition that politics has a rationality of its own. The lessons learned from analyses of policy-making and implementation deserve, therefore, equal attention with the presupposed behavioral reactions of key target groups. Issues to be taken into account include the interests of the actors involved, and the institutional contexts of both policy-making and policy-learning. Such factors are discussed by using them to shed light on observed deviations in instrument design

Business · Economics · MAGIC (telescope · Political science · Politics · Public economics · Rationality · Sustainable development · Climate Change Policy and Economics · Law · Regulation and Compliance Studies · Sustainable Development and Environmental Policy

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    Open Access•Edwin Woerdman•Ecological Economics•2001

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    Jan-Peter Voß, Arno Simons•Environmental Politics•2014

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    Open Access•Elinor Ostrom, Элинор Остром•Governing the Commons•2015

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    Open Access•Gunnel Gustafsson, Jeremy Richardson et al.•European Journal of Political…•1979

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  • Policy networks in dutch water policy

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  • A Comparison of the Effectiveness of Incentives and Directives

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Citations per year0.24
Citation span2001 - 2022 (22)
Highly citedNo

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