externalization
- noun
- /ɪkˌstɜrnəlaɪˈzeɪʃən/
- Specialized
- The exemption from regulation of the entire catfish industry is similar to the lax regulatory standards imposed on salmon net pen operators in Washington that also lead to the externalization of environmental costs.
- externalization of costs
Examples
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The externalization of pollution costs by factories impacts local communities and the environment.
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As noted above, in the case of China, lack of citizen-based entitlement to social services and support for migrant workers in coastal Chinese export-processing areas provides the formal institutional basis for such externalization of social costs.
Academic text (2003) -
Well, I think that a user fee on carbon is a good approach to address a real externalization of our current energy use.
Blog text (16) -
To redress this externalization problem, numerous environmental valuation field studies have been conducted in Mexico.
Academic text (2005) -
I see the Marcellus industry repeating the same externalization of costs practiced by these earlier industries.
Blog text (13) -
The whole process of discussion has as its aim and presupposition the externalization of the costs, and internalization of the benefits, winners' favored schemes.
Blog text (3) -
4) Externalization of risk, pollution, and costs: investors take the money while society has to put up with pollution, risks, and social costs of the capitalistic activities.
Blog text (22) -
Critics argue that the externalization of social costs from corporations leads to greater inequality.
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Many economists study the externalization of financial risks in order to understand its effects on taxpayers.
Antonyms
- Specialized
The process of making beliefs or ways of behaving part of a person's thinking and actions
How Externalized
- Specialized
- Specialized
- Specialized
Surface Forms
Morphology
externalization = externalize (semi-transparent) = external + ization
The noun is regularly formed from the verb externalize by adding -ization.
Etymology
Externalization comes from ex- 'out' and external 'outside', like moving something out of a box, so imagine putting costs or problems 'outside' the company. So in business, externalization means shifting internal costs or risks onto customers, taxpayers, or the environment.