The Economic Impact of Environmental Damage

Reference to Tucumán

Abstract

Environmental damage generates significant economic distortions by shifting private costs onto the public sector and society. In Tucumán, industrial pollution, deforestation and poor waste management create negative externalities that increase health expenditures, degrade public goods and undermine regional productivity. Weak state oversight allows highly profitable activities to operate under a scheme of private gains and socialized losses. Addressing this problem requires appropriate fiscal instruments, effective regulation and sustainable economic planning that incorporates the environment as an essential component of development and human rights.