“The Impact of Environmental Regulations on Competitiveness: An Empirical Multi-Country Analysis”
Hchaichi Rafla
Abstract
The mastery of the environment has become a major preoccupation in industrialized countries. It must be also
one of the concerns of developing countries, which several critics have addressed to globalization in its
relationship with the environment and focus on its responsibility for environmental degradation. The world of
globalization requires new regulations, but it seems difficult to establish a successful action in the multilateral
level. It is therefore important to revive the debate on the reform of the environmental governance in a global
context. It turned out that it is necessary to strengthen existing policies. However, stringent regulations have been
criticized because they negatively affect trade. It is therefore important to study empirically the impact of
draconian regulations on bilateral trade.
Full Text: PDF