To preserve the environment with the lowest possible cost to the social sector means that private costs should be aligned with social costs. Many governments in the Latin American and Caribbean Region are doing this now using market-based instruments (MBIs). This publication investigates the use of
The Environmental Implications of Privatization: Lessons for Developing Countries (World Bank Discussion Paper)
โ Scribed by Magda Lovei, Bradford S. Gentry
- Year
- 2002
- Tongue
- English
- Leaves
- 104
- Category
- Library
No coin nor oath required. For personal study only.
โฆ Synopsis
Governments have increasingly come to recognize the economic potential and fiscal advantages of privatization. Privatization, under the right conditions, can also yield environmental benefits and contribute to sustainable development. This report contains a number of case studies which highlight the lessons learned about the environmental implications of privatization. It stresses that privatization offers an opportunity for making strategic decisions with longer-term impacts. This report also emphasizes that integrating environmental and social considerations into the privatization process leads to more sustainable outcomes. It also recommends strategies toward building on the positive linkages between privatization and environmental protection.
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