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This paper studies the effects of international coordination failure on resource allocations. Employing the U.S. withdrawal from the 2015 Paris Agreement as an experiment, we find that U.S. polluting firms increase their emissions and receive bank financing at lower costs after the sudden...
Persistent link: https://www.econbiz.de/10014254150
now even more supported in the dynamics of political discourses, because as it happened between the two World Wars and all … the events that led to the Second World War, liberal democracies are again showing the potential loopholes in their own …
Persistent link: https://www.econbiz.de/10014112915
The ongoing economic instability in several countries and regions throughout the world, along with the volatility of … consequences of the global expansion of world trade and of the monetary and commercial translation of all interpersonal …, and in different parts of the world are just some of the most critical examples on how the existing systems are failing …
Persistent link: https://www.econbiz.de/10014123758
The ongoing economic instability in several countries and regions throughout the world, along with the volatility of … consequences of the global expansion of world trade and of the monetary and commercial translation of all interpersonal …, and in different parts of the world are just some of the most critical examples on how the existing systems are failing …
Persistent link: https://www.econbiz.de/10014123865
This study examines the effects of the rule of law on carbon-dioxide emissions using a large sample of countries for over a century. In principle, the turning point of the Environmental Kuznets Curve (EKC) is compared for a range of countries lying between autocracy and democracy. Using decadal...
Persistent link: https://www.econbiz.de/10013245248
representatives) around the world are facing more and more challenges posed by artificial intelligence (“AI”), block …
Persistent link: https://www.econbiz.de/10012833049
theory can rationalize the European Union’s stance on climate policy while also explaining the perceived failure of the Kyoto …
Persistent link: https://www.econbiz.de/10012509563
provides some suggestions for a prudent world-domestic institutionalization of risk-management to counter global challenges. …
Persistent link: https://www.econbiz.de/10012252171
With climate change appearing on the horizon of economic theory and analytical research, it becomes imperative that the …
Persistent link: https://www.econbiz.de/10013050807
Persistent link: https://www.econbiz.de/10001615310