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of Asia and the world economy — during the last five decades has caused significant strains on their scarce resources …
Persistent link: https://www.econbiz.de/10013018208
revolution and the sustainability of empire come to depend on the capacity of the rebel colony to access international markets …
Persistent link: https://www.econbiz.de/10013104259
We examine long-run treaties for mitigating climate change. Countries pay an initial fee into a global fund that is invested in long-run assets. In each period, part of the fund is distributed among the participating countries in relation to the emission reductions they have achieved in this...
Persistent link: https://www.econbiz.de/10012958888
This paper analyses a set of new scenarios for energy markets in Europe to evaluate the consistency of economic incentives and climate objectives. It focuses in particular on the role of natural gas across a range of climate policy scenarios (including the Copenhagen Pledges and the EU Roadmap)...
Persistent link: https://www.econbiz.de/10013315708
fiscal sustainability, for 27 countries of the European Union. We first calculate tax gaps à la Blanchard (1990) and …
Persistent link: https://www.econbiz.de/10013098648
Fiscal sustainability tests have largely ignored the institutional setting of fiscal policy making. Fiscal equalization … policies taking into account fiscal equalization transfers. Using panel data techniques we assess fiscal sustainability by …
Persistent link: https://www.econbiz.de/10013100010
, the ability of the rest of the world to absorb Asia's exports has decreased. Export production in some Asian countries has …
Persistent link: https://www.econbiz.de/10013101411
debt crisis has prompted a fundamental re‐evaluation of public debt sustainability and the looming threat of sovereign debt …'s peacetime debt‐to‐GDP (Gross Domestic Product) ratio has never been higher. In this paper, we analyse the sustainability of … anecdotal his‐torical analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and …
Persistent link: https://www.econbiz.de/10013085753
We extend previous work on the sustainability of the government's intertemporal budget constraint by allowing for non …
Persistent link: https://www.econbiz.de/10013065030
We assess the sustainability of the public finances of Greece, Ireland, Italy, Portugal and Spain (GIIPS), allowing for … sustainability when debt gets 'too high' relative to a threshold which is not necessarily fixed but varies with the level of debt …
Persistent link: https://www.econbiz.de/10013067329