Policies for a Common Environment in Four Sustainability Paradigms: Case Studies in Baltic, Adriatic and Black Seas

Frontiers in Marine Science, June, 2018, Vol. 5, Article 216, doi: 10.3389/fmars.2018.00216

15 Pages Posted: 13 Oct 2018

See all articles by Fabio Zagonari

Fabio Zagonari

University of Bologna

Stella Tsani

University of Ioannina - Department of Economics; Athens University of Economics and Business

Sotiris Mavrikis

International Centre for Research on the Environment and the Economy

Phoebe Koundouri

Athens University of Economics and Business - Department of International and European Economic Studies; University of Reading - Department of Economics

Date Written: june 20, 2018

Abstract

We develop a model for four sustainability paradigms (weak sustainability, a-growth, de-growth, strong sustainability) within a single framework that accounts for responsibility for nature and future generations and for intra- and inter-generational equality. The model is applied in three case studies: the Baltic, the Adriatic and the Black Sea with the aim to identify feasible sustainability solutions for shared seas under alternative sources of environmental pressure and cooperation strategies. The Baltic Sea is analyzed as an example of pollution from agriculture, the Adriatic Sea as an example of over-exploitation of fish in fishery, and the Black Sea as an example of pollution from industry. Empirical results show that different cooperation strategies are feasible in each case and that they yield different results in different context. Also welfare implications vary between different cooperation strategies. The main policy implication of the analysis is two-fold. Environmental conservation must be preferred to environmental innovation, where both intra- and inter-generational equity concerns are unessential. The choice of a different sustainability approaches must be combined with the feasibility of the differently required management institutions, while considerations of the sectoral sources of environmental pressure are essential.

Suggested Citation

Zagonari, Fabio and Tsani, Stella and Mavrikis, Sotiris and Koundouri, Phoebe, Policies for a Common Environment in Four Sustainability Paradigms: Case Studies in Baltic, Adriatic and Black Seas (june 20, 2018). Frontiers in Marine Science, June, 2018, Vol. 5, Article 216, doi: 10.3389/fmars.2018.00216, Available at SSRN: https://ssrn.com/abstract=3252334

Fabio Zagonari

University of Bologna ( email )

Piazza Scaravilli 2
Bologna, 40100
Italy

Stella Tsani (Contact Author)

University of Ioannina - Department of Economics ( email )

45110 Ioannina
Greece

Athens University of Economics and Business ( email )

Patision 76
Athens, 10443
Greece

Sotiris Mavrikis

International Centre for Research on the Environment and the Economy ( email )

Athens
Greece

Phoebe Koundouri

Athens University of Economics and Business - Department of International and European Economic Studies ( email )

GR-10434 Athens
Greece
+0030 210 8203147 (Phone)
+0030 210 8214122 (Fax)

HOME PAGE: http://www.econ.ucl.ac.uk/downloads/koundouri/cv.pdf

University of Reading - Department of Economics ( email )

Reading, RG6 6AA
United Kingdom
+44 - (0)118 - 9875123 (Phone)
+44 - (0)118 - 9750236 (Fax)

HOME PAGE: http://www.rdg.ac.uk/economics/koundouri.html

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