Perverse Subsidies: How Misused Tax Dollars Harm the Environment and the Economy

Perverse Subsidies: How Misused Tax Dollars Harm the Environment and the Economy

by Norman Myers, Jennifer Kent
     
 

ISBN-10: 1559638354

ISBN-13: 9781559638357

Pub. Date: 03/28/2001

Publisher: Island Press

<p>Much of the global economy depends upon large-scale government intervention in the form of subsidies, both direct and indirect, to support specific industries or economic sectors. Distressingly, many of these subsidies can be characterized as &quot;perverse&quot;-rather than helping society achieve a desired goal, they work in the opposite direction,

Overview

<p>Much of the global economy depends upon large-scale government intervention in the form of subsidies, both direct and indirect, to support specific industries or economic sectors. Distressingly, many of these subsidies can be characterized as &quot;perverse&quot;-rather than helping society achieve a desired goal, they work in the opposite direction, causing damage to both our economies and our environments. Worldwide subsidies have long been thought to total $2 trillion per year, but until now, no attempt has been made to determine what proportion of that actually subverts the public interest.<p>In Perverse Subsidies, leading environmental analyst Norman Myers takes a detailed look at the subject, offering a comprehensive view of subsidies worldwide with a particular focus on the extent, causes, and consequences of perverse subsidies. He defines many different kinds of subsidies, from tax incentives to government handouts, and considers their wide-ranging impacts, as he: <ul> <li>examines the role of subsidies in policymaking <li>quantifies the direct costs of perverse subsidies <li>examines the major subsidies in agriculture, energy, road transportation, water, fisheries, and forestry <li>considers the environmental effects of those subsidies <li>offers policy advice and specific recommendations for eliminating harmful subsidies </ul>.<p>The book provides a valuable framework for evaluation of perverse subsidies, and offers a dramatic illustration of the scale and dimensions of the problem. It will be the standard reference on those subsidies for government reform advocates, policy analysts, and environmentalists, as well as for scholars and students interested in the interactions between policymaking and environmental issues.

Product Details

ISBN-13:
9781559638357
Publisher:
Island Press
Publication date:
03/28/2001
Edition description:
New Edition
Pages:
275
Product dimensions:
6.00(w) x 9.00(h) x 0.60(d)

Table of Contents

List of Tables, Figures, and Boxes
Preface

Part I: Background
Chapter 1: Introduction: What Are Subsidies? ..... 3
Chapter 2: When Do Subsidies Become Perverse? ..... 22

Part II: Sectoral Analyses
Chapter 3: Agriculture ..... 39
Chapter 4: Fossil Fuels and Nuclear Energy ..... 63
Chapter 5: Road Transportation ..... 95
Chapter 6: Water ..... 120
Chapter 7: Fisheries ..... 148
Chapter 8: Forestry ..... 159
Chapter 9: Overview Assessment ..... 187

Part III: Policy
Chapter 10: What Shall We Do About It All? ..... 197

Notes ..... 207
Index ..... 267

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