Economic Policy and Environmental, an approximation
Abstract
In this research, an approach to the so-called “market economy” is carried out, based on the principles of the neoclassical school, from the perspective of underlining that it continues to be the fundamental basis of today's economies. Accepted and assumed by most Western economists, politicians and jurists, they would show that we are facing a pure, perfect economy, without complexities or problems, although, in practice, these parameters are certainly not linked to reality, then, imperfections or "failures", become more than palpable, especially, from an environmental perspective, in general, and water as a fundamental element for life, in particular. Thus, the intervention of the State in the economy - unfair, where the defects or imperfections of the market become visible -, through policies that attempt to mitigate, stop or eradicate the negative externalities produced by the lack of conservation and preservation, or by the deterioration or contamination of the environment, becomes indispensable - as well as to enhance the so-called “positive” externalities -, which will favor the use of new instruments or mechanisms that are not closely linked –where the symbiosis between law and economy becomes essential-, in the current moments, with the environment, in general and with water in particular; in addition to deepening a structural change in the current economy.
Downloads
Article download
License
In order to support the global exchange of knowledge, the journal Observatorio Medioambiental is allowing unrestricted access to its content as from its publication in this electronic edition, and as such it is an open-access journal. The originals published in this journal are the property of the Complutense University of Madrid and any reproduction thereof in full or in part must cite the source. All content is distributed under a Creative Commons Attribution 4.0 use and distribution licence (CC BY 4.0). This circumstance must be expressly stated in these terms where necessary. You can view the summary and the complete legal text of the licence.