Jim MacNeill was the principal author of "Our Common Future". This book builds on that report to demonstrate the relationship between the global environment, the world's economy, and the international order.

We examine the empirical relation between CO2 emissions per capita and GDP per capita during the period 1960-1996, using a panel of 100 countries. Relying on the nonparametric poolability test of Baltagi et al. (1996), we find evidence of structural stability of the relationship. We then specify...