Economic principles of mbis, Public Economics

Economic Principles of MBIs

The MBIs have been based on the economic principles such as tax, user charge, incentive, markets, compensation, and property rights. It is worth distinguishing these instruments further on the basis of the instruments that follow polluter-pays principle and other instruments. The polluter-pays principle underlines the fact that the polluter should pay for the use, damage and scarcity of natural resources. The fiscal instruments and charge instruments on the basis of their implied command for the payment for having used the resources and contributed to their pollution level may be categorized as the instruments which follow polluter-pays principle. On the other hand, other instruments work on the economic principles like incentives (financial instruments) creation of rights (redefining property rights), creation of markets (tradable emission permits, deposit-refund system and bonds), and compensation for inflecting the damage (liability).

Table: Taxonomy of MBls based on the Polluter-Pays Principle and other Instruments

 

1394_Economic Principles of MBIs.png

Posted Date: 12/18/2012 7:06:17 AM | Location : United States







Related Discussions:- Economic principles of mbis, Assignment Help, Ask Question on Economic principles of mbis, Get Answer, Expert's Help, Economic principles of mbis Discussions

Write discussion on Economic principles of mbis
Your posts are moderated
Related Questions
#questioi hour classn..

what is the difference between budget deficit and fiscal deficit

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4


Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Problem: (a) What do you meant by public policy? What does the study of public policy involve? (b) How are problems that might lead to public policy identified and defined?

Apply general attribution theory to analyze and explain each party''s attitudes and conclusions. Hint: Use consensus, consistency, distinctiveness, and the fundamental error. 2. Ex

Basic floor plan: There are no security guards on duty at any given time. There are three ATM's on site but none of them can see who comes and goes through the building. Cameras a

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4