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Climate Governance and Federalism
A review of federal and decentralised systems of governance, and whether these facilitate or hinder climate change mitigation and adaptation.
How to Achieve Inclusive Growth
This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. Leading academic economists have partnered ...
Measuring the Health of the Liberal International Order
As part of a larger study on the future of the post–World War II liberal international order, RAND researchers analyze the health of the existing order and offer implications for future U.S. policy. The study’s overall conclusion is that the postwar order continues to enjoy many elements of stability but is increasingly threatened by major geopolitical and domestic socioeconomic trends that call into question the order’s fundamental assumptions.
Handbook on Energy and Climate Change
ÔSome of us have spent our professional lives on energy and climate change but any new researcher or policy maker must find it daunting to even approach the subject. If so, this encyclopedic Handbook provides a wonderful and necessary introduction. It is creative and up to date, yet also takes the reader by the hand and introduces one topic after another while also providing much of the historical context that is so necessary to a deeper understanding.Õ Ð Thomas Sterner, Environmental Defense Fund This timely Handbook reviews many key issues in the economics of energy and climate change, raising new questions and offering solutions that might help to minimize the threat of energy-induced ...
Industrialization and Assimilation
Industrialization and Assimilation examines the process of ethnic identity change in a broad historical context. Green explains how and why ethnicity changes across time, showing that, by altering the basis of economic production from land to labour and removing people from the 'idiocy of rural life', industrialization makes societies more ethnically homogenous. More specifically, the author argues that industrialization lowers the relative value of rural land, leading people to identify less with narrow rural identities in favour of broader identities that can aid them in navigating the formal urban economy. Using large-scale datasets that span the globe as well as detailed case studies ranging from mid-twentieth-century Turkey to contemporary Botswana, Somalia and Uganda, as well as evidence from Native Americans in the United States and the Māori in New Zealand, Industrialization and Assimilation provides a new framework to understand the origins of modern ethnic identities.
Revisiting Carbon Leakage
This paper estimates the carbon leakage rate across countries, arguably a key parameter in the international climate policy discussion including on border carbon adjustment, but which remains subject to significant uncertainty. We propose innovations along two lines. First, we exploit recently published data on sector-country-specific changes in energy prices to identify changes in domestic carbon emissions and other flows (rather than the historically limited variation in carbon prices or adherence to international climate agreements). Second, we present a simple accounting framework to derive carbon leakage rates from reduced-form regressions in contrast to existing papers, thereby making our results directly comparable to model-based estimates of carbon leakage. We show that carbon leakage rates differ across countries and could be larger than what existing estimates suggest.
Trends in Climate Change Legislation
A deepening understanding of the importance of climate change has caused a recent and rapid increase in the number of climate change or climate-related laws. Trends in Climate Change Legislation offers an astute analysis of the political, institutional and economic factors that have motivated this surge, placing it into context.
Border Carbon Adjustments: Rationale, Design and Impact
This paper assesses the rationale, design, and impacts of border carbon adjustments (BCAs). Large disparities in carbon pricing between countries raise concerns about competitiveness and emissions leakage. BCAs are potentially the most effective domestic instrument for addressing these challenges—but design details are critical. For example, limiting coverage of the BCA to energy-intensive, trade-exposed industries facilitates administration, and initially benchmarking BCAs on domestic emissions intensities would ease the transition for trading partners with emission-intensive production. It is also important to consider how to apply BCAs across countries with different approaches to emissions mitigation. BCAs alone do not solve the free-rider problem in carbon pricing, but might be a step to an effective international carbon price floor.
A Good Life on a Finite Earth
The potential conflict among economic and ecological goals has formed the central fault line of environmental politics in the United States and most other countries since the 1970s. The accepted view is that efforts to protect the environment will detract from economic growth, jobs, and global competitiveness. Conversely, much advocacy on behalf of the environment focuses on the need to control growth and avoid its more damaging effects. This offers a stark choice between prosperity and growth, on the one hand, and ecological degradation on the other. Stopping or reversing growth in most countries is unrealistic, economically risky, politically difficult, and is likely to harm the very group...
The Economics and Political Economy of Energy Subsidies
The economic and political aspects of energy subsidies, viewed both theoretically and empirically, with a focus on fossil fuel subsidies in developing nations. Government subsidies to energy are widespread and represent a heavy burden on public budgets in many countries. Both producers and consumers may be subsidized; the most common subsidies are for motor fuel consumption and electricity production and consumption. The subsidies to consumers often prove particularly harmful because they result in increased energy consumption, increased carbon emissions, and distortionary effects on consumer behavior. This book fills a void in the literature by providing a first, broad and diverse, analysis...
