Environmental Remediation and Economies in Transition

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Date

Dec. 31, 1998

Authors

James Boyd

Publication

Working Paper

Reading time

1 minute
The paper discusses the design of environmental remediation laws in countries struggling with fundamental market and institutional reforms. Optimal cleanup standards, liability rules, and enforcement are discussed from the standpoint of both economic efficiency and practical implementation. Particular attention is paid to financing mechanisms and issues that arise during privatization.

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