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Two leading international agencies, the OECD and the IMF, are now becoming more closely involved with climate change issues, in conjunction with finance and economics ministries within their member countries. This broader official involvement opens up an opportunity: it could lead to a more...
Persistent link: https://www.econbiz.de/10005436205
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Governments, and in particular the governments of the OECD member countries, are mishandling climate change issues. Both the basis and the content of official policies are open to serious question. Too much reliance is placed on the established process of review and inquiry which is conducted...
Persistent link: https://www.econbiz.de/10004990483
This paper presents a critique of the characteristic treatment by economists of climate science, which appears as over-presumptive and uncritical. While the paper draws on a range of illustrative cases, the main focus is on six recent and important contributions. The present author argues that...
Persistent link: https://www.econbiz.de/10004995393
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The Stern Review, described as the most comprehensive review ever carried out on the economics of climate change, was published on 30 October 2006. The twin papers from a combined team of scientists and economists present a critique in two parts of the Stern Review. Part I focuses on scientific...
Persistent link: https://www.econbiz.de/10005741294
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Three major studies of globalisation and its effects have recently been published. One of these is the report of an international commission of eminent persons. The other two are books by leading economists, one by Jagdish Bhagwati and the other by Martin Wolf. David Henderson comments on all...
Persistent link: https://www.econbiz.de/10005548662
When it comes to making international comparisons of real GDP, different views, conventions and practices are still in evidence. The authors set out the case for using purchasing power parity (PPP) converters for this purpose, rather than conversions based on exchange rates, and give reasons for...
Persistent link: https://www.econbiz.de/10005548680
Despite some searching and unanswered criticisms of its treatment of statistical evidence, the UNDP Human Development Report has become established as a widely-quoted and influential survey of the world scene. The 1999 Report, reviewed here, focuses on ‘globalization’. This is...
Persistent link: https://www.econbiz.de/10005562335