productivity growth may justify higher stock market valuations than in the past and thus herald an emerging New Economy. However … emergence of a New Economy with residual measures of total factor productivity growth will prove to be a futile exercise. …

Because of large economic and environmental asymmetries among world regions and the incentive to free ride, an … additionally an "equal loss" Scenario where welfare losses relative to a Business as usual Scenario are equal for all Major world …

In a report presented at the UN Conference on Financing for Development in March 2002, the World Bank claims that the … policies. However, the World Bank's success story rests on an extremely weak foundation: First, the institution's contribution … the distribution of World Bank financing. Second, the picture portrayed in the report takes a bad turn if only two …

Siebert, titled Global Governance: An Architecture for the World Economy. Assess-ments and forecasts made at that time are … not impose immediate acute costs on the great powers: climate change, financial crises, the world trading system, oil …, treasures from the deep seabed, and the prospect of a killer asteroid. -- Climate change ; financial crises ; the world trading …