model developed in this section suggests that the failure to coordinate policies lent a deflationary bias to the world … economy which may have contributed to the on set of the Great Depression. The third part asks what policymakers learned from …

growth or contraction of the economy. What mattered was not simply growth at the time of the election but cumulative growth …

that can help countries capitalize on the opportunities afforded by an increasingly globalized post-industrial economy …

Modellers have examined a wide array of ideal-world scenarios for regulation of greenhouse gases. In this ideal world …”—which has a strikingly small impact on total world cost of carbon regulations if international trade in emission credits allows … another factor that analysts have largely ignored: credibility. In the real world governments find it difficult to craft and …

contains several idealistic assumptions that could be violated in the real world where some technologies may not be fully … available, technology transfers and diffusion are imperfect, some world regions may not accept to reduce their GHG emissions …