tailieunhanh - COST OF POLLUTION IN CHINA ECONOMIC ESTIMATES OF PHYSICAL DAMAGES

The issue of whether central banks’ finances affect their policy performance has been relevant for the Czech National Bank, as well as for several other central banks in catching-up economies that have experienced negative equity in the last decade. More recently, this issue has also become topical for advanced economies, as their central banks have increased their financial exposures considerably as a result of anti-crisis measures (Buiter, 2008; Stella, 2009), and some of them – especially the Swiss National Bank in 2010 (see Jordan, 2011) – have already experienced financial losses. The answer to this question is neither easy. | CONFERENCE EDITION COST OF POLLUTION 48 s IN CHINA ECONOMIC ESTIMATES OF PHYSICAL DAMAGES The State Environmental Protection Administration 115 Xizhimen Nanxiaojie Beijing 100035 P. R. China Tel 86 10 Fax 86 10 Rural Development Natural Resources and Environment Management Unit East Asia and Pacific Region The World Bank 1818 H Street NW Washington DC 29433 USA Tel 1 202 Fax 1 202 eapenvironment The World Bank Office Beijing 16th Floor China World Tower 2 No. 1 Jianguomenwai Avenue Beijing 100004 P. R. China Tel 86 10 . Fax 86 10 . m 3 00 THE WORLD BANK THE GOVERNMENT OF THE PEOPLE S REPUBLIC OF CHINA Environmental and Social Development Unit East Asia Pacific Region Ph 202-458-5660 Fax 202-522-1666 e-mail .