The essays in this volume were presented originally in September 1993 at a colloquium sponsored by the Oxford University Law Faculty and the Norton Rose M5 Group of Solicitors. Written by practising and academic lawyers, and addressing some of the most fundamental problems facing industrialists and environmentalists throughout the world, these essays review and analyse various countries' attempts to blend environmental protection with continued economic development.

How does the recently-concluded GATT Agreement influence international developments in environmental regulation? Is deregulation an answer? Will the polluter always have to pay, and how are the costs to be equitably distributed throughout society? These are some of the fundamental questions asked and discussed in this collection of penetrating and illuminating essays.