Trade and Environment Author: Ishan Deep Ghosh Co-author: Fariha Sanam Sharif State University of New York, Buffalo This presentation examines the effect of increased trade among countries and its effect on the components of environment, a dynamic relationship which has evolved over time and has far reaching consequences as far as sustainable development of nations is concerned. The World Trade Organization (WTO) incorporated environmental concerns in its negotiating agenda at the Doha Ministerial in 2001 and ever since the issue has captured the attention of the global media and environmentalists’ forums. As far as economists are concerned, climate change represents the biggest example of market failure in the world with increasing attention paid to the emission of greenhouse gases. Another main component of the research presentation is its focus of attention on in the inflow of FDI in developing and developed countries since the liberalization of international trade and its impact on the environment. This monumental increase can be attributed to a number of factors including the lower tariff structure on the trade of goods and services. The paper analyzes the detrimental impacts caused by an increased FDI inflow on the environmental structure of developing countries in particular as they seemed to have a less stringent environmental regime in place. Developing countries also seem to loosen their regulatory practices to attract higher levels of investment from multinational corporations. The presentation also emphasizes on the policy regulations that need to be implemented to further the cause of international trade among countries without unnecessarily causing damage to the global environment.
|Presenters:||ISHAN GHOSH (State University of New York, Buffalo) -- email@example.com
FARIHA SANAM SHARIF (State University of New York, Buffalo) --
|Topic:||Business - Panel|
|Time:||2:30 pm (Session III)|