@incollection{WiltsBleischwitz2013, author = {Wilts, Henning and Bleischwitz, Raimund}, title = {An international metal covenant : a step towards global sustainable resource management}, booktitle = {Factor X : re-source ; designing the recycling society}, editor = {Angrick, Michael}, publisher = {Springer}, address = {Dordrecht}, doi = {10.1007/978-94-007-5712-7\_7}, pages = {87 -- 97}, year = {2013}, abstract = {This chapter addresses material leakage as a major problem of international open markets for used goods, in particular for used vehicles. It develops elements of an international metal covenant that should allow for a more sustainable management of global material flows in that area. The arguments in favour of such a proposal are as follows: Any regulation should actively seek for industry participation, taking advantage of business interest in supplying a sufficient amount of materials while lowering materials cost. It should also address public issues such as sustainability of recycling and waste. A first section analyses contracts as a tool to overcome knowledge problems that occur when many actors are involved. A second short section gives empirical evidence for material leakage in the case of used vehicles from Germany. A third section develops elements of an international metal covenant. A fourth section analyses potential impacts and discusses legal and institutional issues. Finally, some conclusions are drawn.}, language = {en} }