The global economy appears to be transitioning toward a more stable period. Although acute risks have diminished, real-side activity remains sluggish ??? especially in high-income Europe. Most developing countries have fully recovered from the crisis. Although growth is slower than during the...

The Need for Environmental and Natural Resource Policy -- Classical Causes of Environmental Degradation -- Public Economics and Information -- Adapting Models to Ecosystems: Ecology, Time, and Space -- The Evolution of Rights -- Review of Policy Instruments -- Direct Regulation of the...