Dividing the world in two groups of countries – developed and developing – remains deeply engrained. This bifurcation is increasingly problematic. It has led to deadlock in negotiations and equity concerns. This article traces parallel developments of differential treatment in the trade and...

We study the role of trade policy in one of the most pressing climate policy challenges that developing countries face: meeting voluntary emission restraints (VERs). To do so, we develop a general equilibrium trade model that extends Caliendo and Parro (2015) in three dimensions. First, we model...

Peter Bauer draws conclusions about economic development that diverge from the mainstream. "The Development Frontier" illustrates his characteristic and distinctive approach: he bases his analyses on careful and direct observation of conditions in the developing world. In doing so, he takes...