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Economic Instruments in Environmental Policy: Lessons from the OECD Experience and their Relevance to Developing Economies

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In recent years, there has been a rapid spread of economic instruments (EIs) in environmental policies of OECD Member countries. The application of EIs has gained wider political acceptability and, in a growing number of cases, they have come to have incentive rather than merely revenue-raising effects. In Sweden, eco-taxes have been introduced as...

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