© 2000 International Monetary Fund

Series Editor

Jeremy Clift

IMF External Relations Department

Cover design and composition

Massoud Etemadi, Choon Lee, and

the IMF Graphics Section

ISBN 9781589060005

ISSN 1020-5098

Published December 2000

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Preface

The Economic Issues series aims to make available to a broad readership of nonspecialists some of the economic research being produced on topical issues by IMF staff. The series draws mainly from IMF Working Papers, which are technical papers produced by IMF staff members and visiting scholars, as well as from policy-related research papers.

This Economic Issue is based on IMF Working Paper 00/13 “Taxes and Tradable Permits as Instruments for Controlling Pollution: Theory and Practice.” Citations for the research referred to in this shortened version are provided in the original paper which readers can purchase ($10.00) from the IMF Publication Services, or download from www.imf.org. Jackie Irving prepared the text for this pamphlet.