Neoliberal economics has opposed or rolled back policy measures designed to protect the environment. Neoclassical economics recognises environmental degradation as a classic example of an externality and frames its response in terms of correcting that market failure, but the limitations of its...

Every week, the media report stories of environmental destruction. Most of this destruction has been caused either directly or indirectly by economic activity. While the media attention mainly focuses on climate change, serious issues are also emerging regarding the availability of fresh water,...

The continued growth in world trade and investment flows has led to a renewed interest among researchers and policy makers in the potential impact that trade liberalisation policy may have on the environment. The aim of this paper is to provide a balanced and accessible summary of the findings...