Growing national, regional, and global environmental problems associated with globalization present new challenges for policy-makers and international cooperation. Crucial problems concern air pollution, environmental problems from trade and transportation, and global warming.

I Internationalization, Trade, FDI and the Environment.- A. Long-range Transboundary Air Pollution: Problem and Policy Options in Europe.- B. Environmental Regulation, Multinational Companies and International Competitiveness.- C. Economic Globalization, FDI, Environment and Employment.- D. Trade Neutrality of National Environmental Policy: Some Theoretical Considerations and Simulation Results for Switzerland.- E. World Economic Impacts of the Kyoto Protocol.- F. Panel Discussion: Sustainability and New Economic Policy Options.- II Environmental Policy Options in a Globalized World.- G. The Economics of the Kyoto Protocol.- H. Innovation-Augmented Ecological Tax Reform: Theory, Model Simulation and New Policy Implications.- I. Greening the National Accounts — Approach and Policy Use.- J. Do Environmental Taxes and Standards Induce Innovation?.- K. CO2 — Taxes, Growth, Labor Market Effects and Structural Change — An Empirical Analysis.- L. Environmental Problems in the Single EU Market: Developments, Theory and New Policy Options.- M. Economic Growth and Environmental Problems in China.- List of Figures.- List of Tables.- List of Contributors.