Environmental Kuznets curve as a framework of favours reciprocity in the policy of law Cover Image

Środowiskowa krzywa Kuznetsa jako rama wzajemności świadczeń w polityce prawa
Environmental Kuznets curve as a framework of favours reciprocity in the policy of law

Author(s): Artur Nowak-Far
Subject(s): Politics, Economy, Law, Constitution, Jurisprudence, Public Administration, Public Law
Published by: Szkoła Główna Handlowa w Warszawie
Keywords: Environmental Kuznets Curve; environmental protection; landscape protection; reciprocity; policy of law

Summary/Abstract: The Environmental Kuznets Curve (EKC) is a descriptive formula used to reflect on asymmetries in economic development and consequential conflict of interests arising between various states of the world. these asymmetries and conflicts of interests have their reflection in these states' environmental policy mix - implemented domestically and pursued in the international context. The emerging map of mutual interests and dependences results from the consideration of external costs and benefits pertaining to respective national environmental policies. The EKC makes it evident that these costs and benefits cannot be evenly spread over all the states. This urges these states to adopt such interjurisdictional arrangements which are based on the identification of a possible multilateral exchange of economic policy favours and international financial transfers. Such an exchange, whenever occurs, has a generalized reciprocity formula. The function of such an arrangement is to make it possible for Nash equilibria to emerge, as such are most likely to produce the highest possible level of effectiveness in the long run. Such a behavior may not be cooperative in the short and medium term, yet the bottom-line cooperativeness is achieved because most states have similar if not the same long-term environmental goals.

  • Issue Year: 16/2017
  • Issue No: 4
  • Page Range: 11-29
  • Page Count: 19
  • Language: English, Polish