Open AccessInterlinkages between trade liberalisation and ecological policy in globalizing economy
Author(s) -
Aneta Kuna-Marszałek
Publication year - 2010
Publication title -
equilibrium
Language(s) - English
Resource type - Journals
eISSN - 2353-3293
pISSN - 1689-765X
DOI - 10.12775/equil.2010.013
Subject(s) - liberalization , free trade , work (physics) , economics , international trade , trade barrier , sustainable development , business , international economics , ecology , market economy , mechanical engineering , engineering , biology
The relationships between free trade and the environment are one of the main issues of contention between environmental and ecological economics. The liberalization of international trade facilitates economic growth that causes the deterioration of the environment. On the other hand ecological policy with its autonomous, strict standards could curb trade flows and make the competitive advantage of countries with lower environmental standards. The aim of the article is to show how trade can affect the environment and how environmental concern can work through the trading system to foster development in both rich and poor countries. Broader understanding and awareness of these linkages are fundamental for fair and environmentally sustainable policies and trade flows.