01848cas a2200265 a 4500 AALejournalIMF003300 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451844443 1018-5941 BD-DhAAL BD-DhAAL Miranda, Kenneth M. Public Expenditure Policy and the Environment : A Review and Synthesis / Kenneth M. Miranda, Ian Parry, Sanjeev Gupta. Washington, D.C. : International Monetary Fund, 1993. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Commonly cited environmental instruments in the legal, regulatory, and fiscal domains are intended primarily to address market failures to ensure that environmental degradation and resource use is contained to appropriate levels. However, in many instances, environmental degradation is rooted not in market failure, but rather in policy failure. This paper identifies areas of public expenditure policy that interact with the environment. It argues that a reform of certain types of subsidies, increased operations and maintenance expenditures, and a thorough environmental assessment of capital projects will tend to benefit the environment, thereby moving an economy towards 'sustainable' development. Mode of access: Internet Gupta, Sanjeev. Parry, Ian. IMF Working Papers; Working Paper ; No. 1993/027 Full text available on IMF http://elibrary.imf.org/view/journals/001/1993/027/001.1993.issue-027-en.xml IMF e-Library