1. Introduction and plan of the book; 2. Interactions and tradeoffs; 3. Welfare, efficiency, equity, and the roots of environmental degradation; 4. Issues of time; 5. How clean is clean enough?; 6. The Government's tool kit; 7. Trade and environment: an overview of theory; 8. Theory of Trade and environment: a diagrammatic exposition; 9. Theory of policy: partial equilibrium, terms of trade and distributional issues; 10. Trade-environment policy: evolution of the debate and taxonomy of the issues; 11. Institutional and policy responses: OECD, WTO/GATT. EU, NAFTA; 12. Empirical studies; 13. International environmental externalities: theory and policy responses; 14. Economics and global warming; 15. Economics and ocean fisheries; 16. Perspectives on sustainable development; 17. Measuring sustainable development; 18. Trade, environment and sustainable development: Thailand's mixed experience; 19. Looking back, looking forward.