||Kevin P. Gallagher
||Edward Elgar Pub
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During the past twenty years a burgeoning field of interdisciplinary research and policy work has emerged surrounding the issues of international trade and the environment. The purpose of the present title is to provide a good and comprehensive while not exhaustive study of the policy and thinking around these issues. The authors of the book comprise close to thirty of the world's academic experts in the subject field, and each of them addressed the topics in his/her sub-field. The book is intended to serve as a guide for students and scholars who wish to start research in this field, as well as and to policy makers who need a quick but comprehensive reference to research on environment and trade. Today, the world economy is witnessing a new wave of economic globalization, defined qualitatively as the integration of the world's economies through an increasing array of multilateral and regional trade and investment agreements, as well as numerous examples of governments that are unilaterally reducing the role of the state in economic affairs. The environment has also experienced profound change during this period. According tothe recent Millennium Ecosystem Report conducted by 1300 experts from 95 countries. '60 percent of the ecosystem services that support life on Earth - such as fresh water, air and water regulation, capture fisheries, and the regulation of regional climate, pests and natural hazards are being degraded or used unsustainably. Such degradation is proving to be costly in economic terms. The World Bank and other international agencies estimate that the economic costs of environmental degradation range from 6 to 10 percent of GDP on an annual basis.