Home Part 3 THE REFLECTION OF THE COST-EFFICIENCY COEFFICIENT OF THE ENVIRONMENT POLICIES IN THE EUROPEAN UNION AND THE MEMBER STATES

THE REFLECTION OF THE COST-EFFICIENCY COEFFICIENT OF THE ENVIRONMENT POLICIES IN THE EUROPEAN UNION AND THE MEMBER STATES


Lecturer Doru Ioan Ardelean, PhD
Vasile Goldis Western University of Arad
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Associate Professor Delia David, PhD
Vasile Goldis Western University of Arad
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Abstract
The European Environment Agency defines the concept of cost-efficiency as “a comparison of the effects of a set of measures with the costs of their implementation”, and applied to the environment policy it means “a comparison between the implementation costs of the same environment legislation in different countries.”[1] Practically, a higher cost-efficiency means obtaining better results with less money.
Keywords: environment expenses and investments

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