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Volume 9  Number 3  •  Winter 2005
All Issues:  

Sustainable Development and Institutional Failure
The Case of Ecuador
By Franklin Lopez
This article appeared in the Winter 2005 issue of The Independent Review

The case of Ecuador demonstrates clearly that command-and-control measures are ineffective for preserving natural resources or maintaining environmental quality consistent with sustainable development. Ecuador’s environmental challenges can be met only by developing one resource the country lacks: a well-structured system of private-property rights.

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