CIAO DATE: 07/03

Free Trade and Environmental Protection

Introduction

From the protests in the streets of Seattle during the World Trade Organization's 1999 Ministerial Meeting to the chaos surrounding the 2001 G-8 Summit Meeting in Genoa, the backlash against globalization is increasingly evident. One dimension of this backlash centers on environmental concerns. While economic integration and trade liberalization offer the promise of growth and prosperity, environmental advocates fear that freer trade will lead to increased pollution and resource depletion. At the same time, free traders worry that overreaching environmental policies will obstruct efforts to open markets and integrate economies around the world. They often see environmentalists as blindly anti-free-trade and protectionist. "Trade and environment" tensions have therefore emerged as a major issue in the debate over globalization. This paper explores the contours of these tensions and argues that trade policy and environmental programs can be better integrated and made more mutually supportive.

Full Text (PDF, 6 pages, 65 KB)