Books  Sustainable Development  Economics, Business & Industry  Environmental Economics 

Instruments of Change: Motivating and Financing Sustainable Development

By: Theodore Panayotou

228 pages, Figs, tabs


Paperback | Dec 1998 | #68657 | ISBN: 185383467X
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NHBS Price: £31.99 $41/€35 approx

About this book

Examines the use of incentive systems and improved institutional arrangements to protect the environment and conserve natural resources, as a means towards sustainable development.

The most comprehensive, rigorous treatment of economic instruments you will come across: Klaus Topfer, Executive Director, United Nations Environment Program.


Full-cost pricing and the role of economic instruments; economic instruments - typology, advantages and limitations; creating incentives for sustainable development; raising revenues for sustainable development; economic and financing instruments for the global commons; selecting the right instrument; introducing economic instruments in developing countries; developed country experience and its relevance to developing countries; developing country and transnational economy experience; conclusion - policy lessons and recommendations.

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Theodore Panayotou is a fellow at the Harvard Institute for International Development, and a lecturer in the Department of Economics and the John F Kennedy School of Government at Harvard University. Dr Panayotou received the 1991 Distinguished Achievement Award of the Society for Conservation Biology for his wide-ranging efforts to use economic analysis as a tool for conservation.

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