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The article is the first attempt to investigate the association between the size of trade values in environmental commodities (TVEC) and environmental quality (EQ).

The authors employ two dimensions, including human health’s and ecosystem’s protection, to capture the environmental performance. The six-digit level of the 2007 version of the Harmonized System was used to extract data on commerce in the Combined List of Environmental Goods (CLEG) goods from the UN Comtrade database (HS 2007). The authors apply the formal empirical estimation procedure to a global sample of 28 low-income and lower-middle-income (LI&LMICs) and 19 upper-middle-income (UMICs) and 31 high-income (HICs) during the 2000–2019 period.

The estimates indicate that the size of TVEC has a favorable impact on QE. The authors find robust results by utilizing various econometric techniques and various measures of TVEC. To shed light on the TVEC-QE nexus, the authors demonstrate the short-run and long-run effects of TVEC on QE and compare the influence of TVEC on QE in the subsamples based on a country’s income level. The results suggest that the TVEC-QE linkage is more likely to exist either in the long-run or high-income economies. Notably, the authors find that the influences of TVEC become more pronounced in a country characterized by a well-developed institutional system.

Governments should develop a more efficient policy framework to improve the relationship between trading activities and environmental performance. There has been a substantial increase in the global demands and requirements for environmental commodities, and the authors also realize the world economy has become greener and fairer. Therefore, it is vital for both developing and developed countries to catch this trend and satisfy the global demands and requirements to survive in foreign markets.

The article is the first attempt to investigate the association between trade values of environmental goods and environmental innovation.

In a simple reciprocal dumping model of trade, this study scrutinizes the strategic role of trade and commodity taxes as environmental instruments when consumption of an imported product generates pollution. The results suggest that for sufficiently small values of the marginal disutility from pollution, commodity taxes can be preferred over import tariffs, and compared to the case of trade policies, free trade can be welfare dominating even for higher values of the marginal disutility from pollution when commodity taxes are used strategically as environmental instruments.

The authors employ a reciprocal dumping model of trade.

A sufficiently high marginal disutility from pollution (or sufficient asymmetries between the countries in terms of their marginal disutility from pollution) may jeopardize bilateral trade, especially if countries are given the option to set tariffs freely for imported goods (consumption of which generate environmental pollution). For sufficiently weak transboundary pollution and sufficiently low marginal disutility from pollution, (1) both Nash trade and domestic policies may prove to be helpful in addressing consumption-based pollution, and (2) it is possible to show in such a case that Nash domestic policies may be preferred over Nash trade policies, especially when both transboundary pollution and the trading partner's marginal disutility from pollution are sufficiently low.

The novel contribution of this paper is (1) to capture asymmetries among trading partners in terms of how much they account for environmental pollution when deciding on their (domestic/trade) policy measures and (2) to focus on environmental degradation that is caused by final consumption of a product imported from a trading partner.

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.

This introduction provides an overview of the discourse on alternative agrifood movements (AAMs) to (1) ascertain the degree of convergence and divergence around a common ethos of alterity and (2) context the chapters of the book. AAMs have increased in recent years in response to the growing legitimation crisis of the conventional agrifood system. Some agrifood researchers argue that AAMs represent the vanguard movement of our time, a formidable counter movement to global capitalism. Other authors note a pattern of blunting of the transformative qualities of AAMs due to conventionalization and mainstreaming in the market. The literature on AAMs is organized following a Four Questions in Agrifood Studies (Constance, 2008) framework. The section for each Question ends with a case study to better illustrate the historical dynamics of an AAM. The literature review ends with a summary of the discourse applied to the research question of the book: Are AAMs the vanguard social movement of our time? The last section of this introduction provides a short description of each contributing chapter of the book, which is divided into five sections: Introduction; Theoretical and Conceptual Framings; Food Sovereignty Movements; Alternative Movements in the Global North; and Conclusions.

Neoliberal political ideologies have been criticised for their blanket prescription of market reform as the solution to almost any social or environmental problem. This chapter thus examines the ability of market-based solutions to deal with the spatial and social diversity that characterises environmental problems in agriculture. In doing so, the chapter draws on case studies of the international fair trade movement and the regionalisation of natural resource management measures in Australia. Both these cases accept the neoliberal view that social and ecological degradation arises from the failure of markets to reflect the full cost of production, and seek, therefore, to achieve social and environmental objectives through the parallel pursuit of economic rationality. In Australia, voluntary planning and educational activities coordinated at a range of scales from the very local to the water catchment, encourage compliance with locally developed management plans and codes of practice that link the expression of private property rights with a ‘duty of care’ to the environment. In the process, landholders are re-defined as prudent and self-reliant businesspeople for whom sustainable resource management is an essential component of financial viability. Fair trade, by contrast, seeks to transfer social and environmental ‘duties of care’ through the entire fair-trade commodity chain. Auditing, certification and the payment of farm-gate price premiums enable Western consumers to become ‘partners’ in the economic and social development of small and marginalised farming communities; guaranteeing that the ‘fair price’ paid for commodities is reflected in the incomes and, importantly, expenditures of the people receiving them. Despite their differences, these cases are allied in their opposition to protectionist trade policies, their commitment to building the viability of farms as productive business units through exposure to ‘the market’, and their appeals to self-responsibility, empowerment and democratisation. And, ultimately, both fail, by themselves, to deal adequately with the spatial and social diversity that underlies agri-environmental processes and problems. Neither approach, it is suggested, should be abandoned. However, complementary processes of fair trade and bioregional planning are required if either are to achieve their maximum impact.

The first theme is the “problem” of personal relations in the economy. Under neo-liberalism the Market is treated as universal, a trans-historical and trans-cultural entity; it is naturalised and reified, rather than thought of as a set of social relations; it is treated as a given rather than the result of a historical process with complex social actors. This view of the Market dovetails with a particular understanding of the individual, as driven primarily by a (universal and naturalised) desire to maximise material well-being and seek out value for money, while an “invisible hand,” rather than known personal needs, provides the mechanism to relate supply to demand.

The purpose of this paper is to investigate the link between trade diversion risk and new Halal market exploration.

This paper analyzes the Halal trade flows for Malaysia’s top 11 halal food/food-related commodities from 1967 to 2018 by relying on co-integration and auto-regression techniques.

This paper determines that the greater the country’s current comparative advantage in an exported good, the higher the risk of export diversion between the Halal and conventional markets. The diversion risk, however, disappears with a lower current comparative advantage.

To take advantage of the fast-emerging Halal market, a country should expand export of commodities with relatively low current comparative advantage but high demand in the target market, along with supportive trade policies to build competitiveness in the long term.

This study fills the gap in the literature by investigating if the theory of comparative advantage can predict the market diversification risk that may arise from the expansion of exports to the Halal market occurring alongside existing exports to the conventional market.