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03 June 2011

Why"green tape" is good for business

At last year's OECD conference, one of the ideas new to some of participants was that environmental protection should not be viewed only a source of administrative costs, it actually boosted economic performance. This is confirmed by recent research: a new working paper from the National Bureau of Economic Research found that reducing ground-level ozone (a main component of smog) significantly improved worker productivity.

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