European energy security a concern common to both the EU and Russia (by P. Havlik; pp. 1-2) Keywords energy security …, gas supply, structural reform Countries covered Russia, EU Topics Macroeconomic Analysis and Policy The current state and … covered Russia, EU, East Asia Topics Sectoral studies; International Trade, Competitiveness and FDI Short-run projections of …

both efficiency and equity criteria matter. Border tax adjustments reduce leakage and provide global cost savings but … exacerbate regional inequality. Exemptions produce very little leakage reduction and run the risk of increasing efficiency cost …