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Common Pool Regimes: A Critique

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Type: Journal Article
Author: Lane, Jan-Erik
Journal: Research in World Economy
Volume: 3
Page(s): 75-85
Date: 2012
Sector: General & Multiple Resources
Subject(s): common pool resources
tragedy of the commons
Abstract: "As environmental degradation increases around the globe, especially in relation to open access resources, new policies to augment sustainability have to be invented. The purpose of this paper is to provide a most concrete example of some of the difficulties involved, by means of examining recent data about the so-called Helcom regime for the Baltic Sea. The findings include that the heralded theory of common pools governance presents a too optimistic picture. Despite massive financing, the deterioration of the predicament of the important Baltic Sea has not been reversed."

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