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Colección: INTERAMER
Número: 69
Año: 2000
Autor: Ramón López and Juan Carlos Jordán, Editors
Título: Sustainable Development in Latin America: Financing and Policies Working in Synergy

NOTES

1. Each approach has advantages and disadvantages in terms of monitoring and enforcement. With performance standards, for instance, where compliance is normally measured by sampling, monitoring can be difficult and expensive, depending on the kind of instruments required. Technology standards, on the other hand, can inhibit technological innovation and pollution prevention. Therefore, the use of specific standards in certain sectors or cases calls for an extensive economic analysis to make sure the requirements are cost-effective.