Trade and the Environment in General Equilibrium

The book meshes analytical results, methodology, and detailed empirical analysis in a comprehensive appraisal of the interface between outward-oriented growth and the environment, with particular reference to the policy challenges faced by developing countries. The latter arguably have the greatest stake in successful co-ordination of free trade and domestic environmental policies to achieve higher living standards while protecting their environment. The conjecture of inevitable growth-environment trade-off is not sustained by the analysis. It provides guidance toward constructive reconciliation of economic and environmental aspirations.