Recent years have seen considerable progress in integrating environmental concerns into the mainstream of development policy and planning. Economic instruments designed explicitly for environmental purposes may help to achieve cost-effective solutions, and generate public revenues. Macroeconomic and sectoral policies may impact heavily upon the environment, and there is much scope for policy re...

When scrutinizing the literature on EU environmental policy, it becomes apparent that there has been a comprehensive transition in regulatory ideas during the last two decades. At the core of these changes is the abolition of traditional patterns of interventionist command-and-control regulation in favor of economic and "contextoriented" instruments. In view of these developments, this article ...