"Pro-environmental nations experience better economic outcomes on several measures, controlling for other factors, than nations with lax environmental policies."
May 19, 2007 11:36 AM
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Environmentalism, globalization and national economies, 1980-2000 [
Schofer and
Granados in
Social Forces, Dec 06] Triple-punch! (1) "We find no impact of environmentalism on foreign investment and trade. Firms and investment do not appear to be fleeing countries with strong environmental standards." (2) "While it is common to assume that environmentalism targets industry, the agricultural sector may be [negatively] affected more significantly." (2) "[S]ociologists influenced by world-system theory [posit that] the relationship between environmentalism and growth could be spurious: environmentalism does not cause growth, but rather coincides with the economic success of core nations. However, broader results do not support this."
posted by Firas (6 comments total)
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Interestingly enough, their argument that environmentalism causes economic realignment towards efficiency in general (despite short-term troubles in industries during the readjustment period) and their neo-institutionalist claim that the world system changes to align in environmentalism's favour sounds exactly like—a free-trade argument! Suggests to me that the effects of globalization reward both capitalism and regulatory schemes, even though proponents of the two concepts may be sworn adversaries.
posted by Firas at 11:37 AM on May 19, 2007 [1 favorite has favorites]