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We examine the development of open macroeconomic policy choices among developing economies from the perspective of the powerful “trilemma” hypothesis. We construct an index of divergence of the three trilemma policy choices, and evaluate its patterns in recent decades. We find that the three...
Persistent link: https://www.econbiz.de/10013107556
economies (Brazil, Russia, China, India, South Africa, ASEAN, Mexico) who (with the exception of Mexico) are also outside of the …
Persistent link: https://www.econbiz.de/10010261298
IR of countries that experienced sizable IR depletion, to that of countries that did not, and find different patterns …
Persistent link: https://www.econbiz.de/10013141989
In this paper we discuss the global negotiations now underway and aimed at achieving new climate change mitigation and other arrangements after 2012 (the end of the Kyoto commitment period). These were initiated in Bali in December 2007 and are scheduled to conclude by the end of 2009 in...
Persistent link: https://www.econbiz.de/10010264483
by national governments around the world. We first describe and document some of their effects, noting the relative lack …
Persistent link: https://www.econbiz.de/10010261381