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countries gain more from trade? Do world trade booms over the past two centuries help account for the widening gap between rich …, and the answer is yes to all three. World trade booms have always been associated with commodity price booms and thus with …
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Existing literature ignores adaptation responses to external effects which, in turn, affect the design of appropriate internalization instruments. We use general equilibrium numerical simulation models based on OECD and UK data to analyze the significance of these responses to congestion...
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gross world product. High growth in India and China reduces global inequality and poverty strongly over time, but important … Gini coefficient for world income falls by about 3% and the share of the bottom decile rises by 81% on average from 2015 to …
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