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
This question considers the possibility of foreign aid in exchange for favors. Suppose nation A has RA resources in its treasury and nation B has RB resources. The winning coalitio

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

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

Suppose the firm mark up over the cost is 10% and the wage setting equation is W=P (1-u) where U is the unemployment rate. a) Find out the real wage rate implied by the price se

Q. What can we do then while aiming at the public policy? From the above, one task emerges immediately, that is of quantifying all economic and non economic effects of a certa

Related Goods Approaches - Indirect Substitute Approach Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInter

what are the strengths and limitations of a pluralist society

what could I write for pharigraph 2 on why a bully bullies

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

QUESTION (i) "Public Sector data is seen as owned by everyone since it has been gathered about and from everyone, often compulsorily". Discuss the concepts of ‘Public data' whe