Working paper on the commercialization of solar energy technology in developing countries. Discusses theoretical issues and energy policy implications, factors affecting supply and demand, incl. Investment and profitability, costs and the level of state intervention. Analyses in detail (1) water...

Tradable Permits – a Market-Based Allocation System for the Environment. Tradable Permits and Other Environmental Policy Instruments – Killing one Bird with two Stones. Tradable Permits – Ten Key Design Issues. Tradable Permits with Imperfect Monitoring. Emissions Trading with Greenhouse...

In diesem Papier wird untersucht, ob bzw. wie sich im Rahmen des Kyoto Protokolls die globalen Emissionsreduktionsziele mit der ökonomischen Rationalität der beteiligten Länder in Einklang bringen lassen. Den äußeren Rahmen der Analyse bildet eine spieltheoretische Darstellung der...

The burgeoning literature on informal governance has shed new light on the workings of international organizations and the hidden rules of the game. The common thrust of these studies is that informal governance is the result of an implicit agreement among states that, in order to sustain...

Limited data on regional and preferential trade agreements prevent social scientists from testing some of the international cooperation literature’s most important claims. Expert surveys—a technique that is widely used in the field of comparative politics but thus far underutilized in...

In this paper, the structure of Colombia’s financial sector is analyzed and various risks of the financial sector are studied. Supervision of the financial system can be performed by supervisory architecture, banking supervision, various securities, and insurance policies. Systemic...

The article is an account of the assessment of implementation of IOSCO principles of securities and regulations in Malaysia. This assessment was conducted by the International Monetary fund (IMF) and the World Bank. The Securities Commission Malaysia has developed its supervisory network. The...

This report is an assessment of the state of compliance with the Basel Core Principles (BCPs) in Malaysia. Bank Negara Malaysia (BNM) employs a well-developed risk-focused regulatory and supervisory system, consisting of a hands-on and comprehensive program of onsite supervision and extensive...