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Problem:

One often-heard criticism of the U.S. national income accounts is that they ignore the effect of environmental pollution. The World Bank's group on Environmental Economics and Indicators has been investigating ways of assessing environmental degradation. Please take a look at the World Bank's work on "green accounting" at

http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/ENVIRONMENT/EXTEEI/0,,contentMDK:20487830~menuPK:1187769~pagePK:148956~piPK:216618~theSitePK:408050,00.html 

Required:

Briefly discuss what kinds of problems the World Bank has identified, and what proposals it has made to deal with those problems?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91806059
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