Global public good

Updated: Aug 20, 2021

A public good that provides non-excludable and non-rival benefits on a worldwide scale. Examples of global public goods include knowledge and the global environment. See also global commons; global warming.

Reference: Oxford Press Dictonary of Economics, 5th edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.