Cover image for Perverse subsidies : how tax dollars can undercut the environment and the economy
Perverse subsidies : how tax dollars can undercut the environment and the economy
Myers, Norman.
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Publication Information:
Washington, DC : Island Press, [2001]

Physical Description:
xviii, 277 pages ; 23 cm
Introduction : what are subsidies? -- When do subsidies become perverse? -- Agriculture -- Fossil fuels and nuclear energy -- Road transportation -- Water -- Fisheries -- Forestry -- Overview assessment -- What shall we do about it all?
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HC110.S9 M94 2001 Adult Non-Fiction Central Closed Stacks

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Much of the global economy depends on large scale government intervention in the form of subsidies, many of which are perverse in that they damage economies and environments. This study offers a view of subsidies world-wide with focus on the extent, causes and consequences of perverse subsidies.

Table of Contents

List of Tables, Figures, and Boxes
Part I Background
Chapter 1 Introduction: What Are Subsidies?
Equity Concerns
Why Subsidies Are Often Unpopular
The Scale of Subsidies
Environmental Externalities
Research Methodology
Key Caveat
Chapter 2 When Do Subsidies Become Perverse?
Environmental and Economic Values
Environmental and Economic Costs
Environmental Externalities Revisited
The Question of Uncertainty
Global Warming
Summation and Conclusion
Part II Sectoral Analyses
Chapter 3 Agriculture
The Subsidies Phenomenon
United States
All OECD Countries
Non-OECD Countries
The Environmental Resource Base
Subsidies Worldwide
Scope for Policy Interventions
Chapter 4 Fossil Fuels and Nuclear Energy
United States
All OECD Countries
The Former Soviet Union and Eastern Europe
Other Non-OECD Countries
Nuclear Energy
Environmental Externalities
Subsidies Worldwide
Policy Options
Chapter 5 Road Transportation
United States
Total U.S. Subsidies
Other OECD Countries
Total Subsidies in OECD Countries
Subsidies in Non-OECD Countries
Subsidies Worldwide
Policy Responses
Chapter 6 Water
Water Demand and Supply
Water Waste and Subsidies
Adverse Consequences
Water as a Free Good
Inefficiency and Waste
Three Case Studies
Subsidies Worldwide
Scope for Policy Reform
Chapter 7 Fisheries
Marine Fisheries in Decline
Reasons for Decline
Subsidies Worldwide
Policy Responses
Chapter 8 Forestry
Example of Overlogging: Indonesia
Example of Cattle Ranching: Brazil
Other Examples of Subsidized Deforestation in the Humid Tropics
Total Subsidies in Tropical Forestry
Examples of Overlogging in Developed Countries
Subsidies Worldwide
Environmental Externalities
Chapter 9 Overview Assessment
Perverse Subsidies: The Leaders in Absurdity
The Crux: Covert Costs of Perverse Subsidies
The Double Dividend
Part III Policy
Chapter 10 What Shall We Do About It All?
Big-Picture Strategies
Supplementary Measures
Subsidies to Support the Environment
Perverse Subsidies and the Taxpayer: Some Better News