The present paper studies the effect of an upward correction of the natural gas price on the Russian domestic market. Russia has the largest gas reserves in the world and currently produces around 550 billion cubic meters of gas each year. Sixty percent of the production is sold domestically at...

With the recent discovery of crude oil reserves along the Albertine Rift, Uganda is set to establish itself as an oil producer in the coming decade. Total oil reserves are believed to be 2 billion barrels, with recoverable reserves estimated at 0.8-1.2 billion barrels. At peak production, likely...

A basic analysis of EM-DAT database shows that natural hazards have substantial macroeconomic impacts in developing countries in Latin America and the Caribbean (LAC) countries which are highly exposed to extreme natural events (e.g. hurricanes, earthquakes, volcanic eruptions, and tidal waves)....

The introduction of unilateral climate policies, and the absence of a climate constraint in many parts of the world raise questions about the distortions in competitiveness and CO2 leakage that may result. Therefore, proposed climate policies are often accompanied by corrective measures intended...

Within this paper, we discuss problems and solutions of integrating intertemporal trade into an economy-energy-environment model. Modeling intertemporal trade provides additional flexibility in achieving economic development as well as environmental sustainability targets, that likely...

This paper examines the macroeconomic consequences of the diversion of migration flows away from Germany towards the UK in the course of the EU’s Eastern Enlargement. Based on a forecast of the migration potential under the conditions of free movement and of the transitional arrangements, we...

Multi-sector, multi-region computable general equilibrium (CGE) models are typically based on the most recent consistent accounts of region- and sector-specific production, consumption, bilateral trade and energy flows as provided by the GTAP data base. However, even the most recent data base...