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The World Bank’s environmental strategies: Assessing the influence of a biased use of New Institutional Economics on legal issues
Ecosystem Services ( IF 7.6 ) Pub Date : 2017-04-20 , DOI: 10.1016/j.ecoser.2017.03.014
Benoît Prévost , Audrey Rivaud

The World Bank considers itself as “a leader in piloting payments for ecosystem services”. This article explores how the World Bank gradually integrated environmental and legal issues within its strategic framework with a particular focus on its economic theoretical influences.

In the early 1990s, the New Institutional Economics became the main influence concerning the analysis of institutional arrangements and legal issues. We distinguish between different branches within the NIE. One remained very close to the mainstream or orthodox economics and tended to focus on private property rights as the central legal issue. We demonstrate that this branch fitted with both the market-friendly policies supported by the WB, and with the theoretical and statistical tools used by the WB's economists. It induced a very specific analysis of legal and institutional issues. It also involved a kind of theoretical path dependency, which influenced a market-oriented analysis of ecosystem services and impoverished the institutional and legal debates concerning the WB's environmental strategy.

We suggest that the other branch of the NIE, as developed by the Bloomington School, offered another framework to tackle environmental issues regarding the diversity of institutional and legal arrangements.

We conclude on the ambiguous use of economic theory for addressing environmental and legal issues.



中文翻译:

世界银行的环境战略:评估偏向使用新制度经济学对法律问题的影响

世界银行认为自己是“生态系统服务试点付款的领导者”。本文探讨了世界银行如何将环境和法律问题逐步纳入其战略框架,并特别关注其经济理论影响。

在1990年代初期,新制度经济学成为影响制度安排和法律问题分析的主要影响力。我们在NIE中区分不同的分支。一个仍然非常接近主流或正统经济学,并倾向于将私有财产权作为主要法律问题。我们证明,该部门既符合世行支持的市场友好政策,也符合世行经济学家使用的理论和统计工具。它引发了对法律和体制问题的非常具体的分析。它还涉及一种理论上的路径依赖性,影响了对生态系统服务的市场导向分析,并使关于世界银行环境战略的机构和法律辩论陷入贫困。

我们建议由布卢明顿学校开发的NIE的另一个分支机构提供了另一个框架来解决有关制度和法律安排多样性的环境问题。

我们总结了经济学理论在解决环境和法律问题上的模棱两可的使用。

更新日期:2017-12-14
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