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In Ulph (2002) I analysed how the possibility of future resolution of uncertainty about damage costs affected the incentives and timing for countries to join a self-enforcing international environmental agreement (IEA). I analysed two membership rules – fixed (countries commit whether to join...
Persistent link: https://www.econbiz.de/10009457863
Much of the literature on international environmental agreements uses static models, although most important transboundary pollution problems involve stock pollutants. The few papers that study IEAs using models of stock pollutants do not allow for the possibility that membership of the IEA may...
Persistent link: https://www.econbiz.de/10009457982
The discussions about adaptation finance have mostly been about process: how money should be raised and how adaptation spending should be governed and monitored. This paper seeks to move the focus of the debate back towards the substance of adaptation by asking what “good adaptation” in...
Persistent link: https://www.econbiz.de/10009439943
In this paper I address the question of how uncertainty about damage costs and the possibility of resolving that uncertainty in the future affects the incentives for countries to join an international environmental agreement. I use a two-period model with a stock pollutant where the number of...
Persistent link: https://www.econbiz.de/10009458404
This article explores the principles that should guide efforts to raise finance for climate action in developing countries. The main conclusions are that, first, there is an important role for private finance, which would be facilitated by having pervasive and broadly uniform emissions pricing...
Persistent link: https://www.econbiz.de/10009440024
A Nonnormative Theory of Inflation and Central Bank Independence. - The authors study monetary policy under different central bank constitutions when the labor-market insiders set the minimal wage so that the outsiders are involuntarily unemployed. If the insiders are in the majority, the...
Persistent link: https://www.econbiz.de/10009469182
This paper considers the current proposals by the World Bank to curb the potential for ?free riding? in relation to financial support and multilateral debt relief to low-income countries. Measures to address the ?free rider? issue will form a pivotal plank in the World Bank?s future strategy...
Persistent link: https://www.econbiz.de/10009485127
This paper calls for an alternative conception of economic security beyond conventional neorealist-based understandings. In particular, the paper argues that a notion of economic security that does not take into account the prevailing structural condition of economic globalisation maybe far...
Persistent link: https://www.econbiz.de/10009485358
In 2004 the European Union is due to incorporate 10 new members, mostly from theCentral and Eastern European Countries (CECs). Trade between the EU and CECs currently falls well short of that between EU countries, and if we assume this pattern reflects both tariffs and a resource cost due to...
Persistent link: https://www.econbiz.de/10009485362
This paper focuses on the post-war process of creation of a global trading system and integration of world trade. As the former came into being, multilateral trade liberalization became an on-going feature of the global economy facilitating international trade, consequently importance of...
Persistent link: https://www.econbiz.de/10009485367