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  4. Can smart policies solve the sand mining problem?
 
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2021
Zeitschriftenaufsatz
Titel

Can smart policies solve the sand mining problem?

Abstract
While sand has become a scarce essential resource for construction and land reclamation worldwide, its extraction causes severe ecological damage and high social costs. To derive policy solutions to this paramount global challenge with broad applicability, this model-based analysis exemplarily studies sand trade from Southeast Asia to Singapore. Accordingly, a coordinated transboundary sand output tax reduces sand mining to a large extent, while the economic costs are small for the sand importer and slightly positive for the exporters. As a novel policy implementation approach, a ""Sand Extraction Allowances Trading Scheme"" is proposed, which helps sustainably balance the importer's economic growth with the exporters' economic development.
Author(s)
Hübler, Michael
Justus-Liebig-Universität Gießen; Leibniz Universität Hannover
Pothen, Frank
Fraunhofer-Zentrum für Internationales Management und Wissensökonomie IMW
Zeitschrift
PLoS one. Online journal
Project(s)
ROCHADE
Funder
Bundesministerium für Bildung und Forschung BMBF (Deutschland)
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DOI
10.1371/journal.pone.0248882
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Externer Link
Language
Englisch
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