Economic instruments for managing industrial waste in Malaysia

Hassan, Mohd Nasir and Rafia, Afroz and Mohamed, Ahmad Fariz and Awang, Muhamad (2005) Economic instruments for managing industrial waste in Malaysia. Malaysian Journal of Environmental Management, 6. pp. 87-106. ISSN 1511-7855

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Abstract

Rapid development process of manufacturing industry in Malaysia has resulted to increasing amount of industrial and hazardous waste generation. It is recognized that industrialization has economic, environmental and social trade-offs.Where there are trade-offs between environmental preservation and economic development, several alternatives are employed to mitigate those harmful effects.Such actions are required under the existing and currently reviewed environmental laws and regulations and proposed economic incentives. In the past Malaysia emphasized the economic benefits of development. Now there is an emphasis on the environment. The Government of Malaysia should consider that like many developed countries, the use of appropriate economic tools and incentives in order to achieve a resilient developed country. These instruments are needed to encourage environmentally responsible decision-making by investors, consumers and other economic actors

Item Type:	Article (Journal)
Additional Information:	5965/9813
Uncontrolled Keywords:	Hazardous, waste, MAC, MDC
Subjects:	H Social Sciences > H Social Sciences (General)
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User:	Dr Rafia Afroz
Date Deposited:	13 Dec 2011 17:16
Last Modified:	22 Mar 2013 10:27
URI:	http://irep.iium.edu.my/id/eprint/9813

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