The Globalization of Cost-Benefit Analysis in Environmental Policy

CHOICE Livermore and Revesz present a collection of articles on the use of cost-benefit analysis in emerging economies and the developing world. The collection discusses the unique problems of applying this tool in countries that are often fraught with market failures and/or institutional problems. A series of case studies on natural resource use and pollution control are included to demonstrate the potential of cost-benefit analysis in this setting. Overall, this volume is
accessible to both undergraduates and graduate students. It would be a useful companion text for an advanced undergraduate or graduate course examining environmental policy in the developing world. Highly recommended. Academic collections, upper-division undergraduate and above.

<br>Michael Livermore is Executive Director of the Institute for Policy Integrity, and an Adjunct Professor at NYU School of Law. <br>Richard Revesz is Dean and Lawrence King Professor of Law at NYU School of Law. He is the author or co-author numerous books, including Environmental Law, the Economy and Sustainable Development, Environmental Law and Policy. <br>Together they are the authors of Retaking Rationality: How Cost-Benefit Analysis Can Better Protect the Environment and Our Health.<br>

PART I: INTRODUCTION ; FOREWORD ; 1. COST-BENEFIT ANALYSIS GOES GLOBAL ; MICHAEL A. LIVERMORE, A.J. GLUSMAN, AND GONZALO MOYANO ; PART II: VALUATION ISSUES ; 2. COST-BENEFIT ANALYSIS IN DEVELOPING COUNTRIES: WHAT'S DIFFERENT ; EUSTON QUAH ; 3. THE BENEFIT-TRANSFER APPROACH ; LISA A. ROBINSON, AND JAMES K. HAMMITT ; 4. PUTTING A PRICE ON THE FUTURE OF OUR CHILDREN AND GRANDCHILDREN ; MARIA DAMON, KRISTINA MOHLIN, AND THOMAS STERNER ; 5. THE SHAPE OF DISTRIBUTIONAL ANALYSIS ; MICHAEL A. LIVERMORE AND JENNIFER S. ROSENBERG ; PART III: INSTITUTIONAL MATTERS ; 6. CHANGING FACES OF COST-BENEFIT ANALYSIS: ALTERNATIVE INSTITUTIONAL SETTINGS AND VARIED SOCIAL AND POLITICAL CONTEXTS ; JIUNN-RONG YEH ; 7. IS THERE A ROLE FOR COST-BENEFIT ANALYSIS BEYOND THE NATION-STATE? ; LESSONS FROM INTERNATIONAL REGULATORY COOPERATION ; ALBERTO ALEMANNO ; 8. THE DIFFUSION OF REGULATORY OVERSIGHT ; JONATHAN B. WIENER ; 9. THE ROLE OF THE OECD IN CAPACITY BUILDING FOR PUBLIC GOVERNANCE: ; INSIGHTS FROM THE MENA-OECD WORKING GROUP ON REGULATORY REFORM ; MIRIAM ALLAM ; PART IV: CASE STUDIES IN POLLUTION CONTROL ; 10. ENVIRONMENTAL FUEL QUALITY IMPROVEMENTS IN MEXICO: ; A CASE STUDY OF THE ROLE OF COST-BENEFIT ANALYSIS IN THE DECISIONMAKING PROCESS ; LEONORA ROJAS-BRACHO, VERONICA GARIBAY-BRAVO, GRETCHEN A. STEVENS, AND GEORGINA ECHANIZ-PELLICER ; 11. HEALTHCARE COSTS OF URBAN AIR POLLUTIONS IN SOUTH AFRICA ; ANTHONY LEIMAN ; 12. ECONOMIC COSTS OF AIR POLLUTION IN SINGAPORE ; EUSTON QUAH, AND WAI-MUN CHIA ; 13. THE CHALLENGES OF ESTIMATING COMPLIANCE COSTS IN DEVELOPING COUNTRIES: ; EXPERIENCES FROM BRAZIL ; EMILIO LEBRE LA ROVERE, MARTHA MACEDO DE LIMA BARATA, AND AMARO OLIMPIO PEREIRA JR ; PART V: CASE STUDIES IN PROTECTION OF NATURAL RESOURCE ; 14. IMPROVING COST-BENEFIT ANALYSIS IN THE ASSESSMENT OF INFRASTRUCTURE PROJECTS IN THE BRAZILIAN AMAZON ; MARCOS AMEND, LEONARDO FLECK, AND JOHN REID ; 15. A COST-BENEFIT ANALYSIS OF RESETTLEMENT POLICY IN SOUTHEAST ASIA ; ORAPAN NABANGCHANG ; 16. COST-BENEFT ANALYSIS OF WATER MANAGEMENT INITIATIVES IN CHINA: ; A CASE OF SMALL, MULTI-PURPOSE RESERVOIRS ; SHAHBAZ MUSHTAQ ; 17. COST-BENEFIT ANALYSIS OF WATER PROJECTS IN INDIA ; PAWAN LABHASETWAR ; 18. THE ROLE OF DISTRIBUTIONAL ANALYSIS IN COST-BENEFIT ANALYSIS: ; A CASE STUDY OF HYDROELECTRIC PROJECTS IN PANAMA ; SARAH CORDERO ; 19. ASSESSING POTENTIAL CARBON REVENUES FROM REDUCED FOREST COVER LOSS IN LIBERIA ; JESSICA DONOVAN, KEITH LAWRENCE, CHRISTOPHER NEYOR, EDUARD NIESTEN, AND ERIC WERKER ; PART VI: PATHS FORWARD ; 20. CHALLENGES AND OPPORTUNITIES ; MICHAEL A. LIVERMORE