What are the major barriers to services trade? To what extent would further liberalization of trade in services result in increased welfare gains and economic growth? It is critically important for governments to understand this if they are to participate effectively in, and maximize the...

Climate change poses a serious challenge to social and economic development. Efforts to reduce greenhouse gas emissions need to move hand in hand with policies and incentives to adapt to the impacts of climate change. How much adaptation might cost, and how large its benefits might be, are...