illustrates some of the points made on the basis of data from the IMF’s World Economic Outlook on real growth and per capita GDP …” world, especially sub-Saharan Africa, has been getting poorer while the advanced economies have been getting richer. To …

This paper examines the relative merits of two dominant economic instruments for reducing pollution—”green” taxes and … other. In practice, however, most countries have relied more on taxes than on permits to control pollution. The analysis … to experiment with tradable permits seems to be growing, especially given the Kyoto protocol emission targets. …