Can economic globalization and environmental protection co-exist or does globalization inevitably lead to environmental degradation? How have firms in Europe responded to increased environmental regulation in the face of growing international competition, particularly from newly industrializing and transition economies?This book attempts to answer these questions using case studies of three pollution-intensive industries: iron and steel, leather tanning, and fertilizers. Based on in-depth interviews with managers and regulators in Western and Eastern Europe, Asia, Africa and Latin America, the book illustrates the variety of responses to the conflicting pressures of globalization and environmental protection at corporate and industry levels. It also considers the impact which shifting competitive advantage has on the environment in newly industrialized countries and transition economies.

Environmental managers and regulators of national and international environmental agencies will find Environmental Regulation in the New Global Economy of great interest, as will, academics and students of economics, environmental management, business studies, geography and international relations.