1. Environment and the Economy
Given that past environmental destruction may not always be infinitely persistent and irreversible, the rising share of environmental protection in relation to total expenditure implies that environmental quality increases. ... Hence in rich countries more environmental costs are internalized in comparison to poorer developing countries which again implies that pollution in poorer countries is higher. ... Firstly is that while pollution per unit of output may decrease, total pollution might still increase if the rate of growth of output is higher than the rate of decrease in pollution per uni...
- Word Count: 1513
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate