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This paper discusses unilateral sustainability policies for tradable resources in closed and open economies. The effects of sustainability policies are modelled in an intertemporal, competitive framework by applying different sustainabilityrules which are introduced unilaterally in the domestic...
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As the environmental sustainability effectiveness of various political systems is taken into consideration, it is doubtful as to whether the presumption of the overall efficiency of democracy can be sustained in global governance architecture. The effectiveness of autocracies and democracies...
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positive-sum game in a twogoods, two-countries world where CO2 emission targets constrain the production possibilities … goods as in the classical Ricardian world. However, the main findings still apply that international trade extends the …
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This report investigates the effects of a resource efficiency and circular economy (RE-CE) transition on international trade flows, using the OECD’s ENV-Linkages model. A global RE-CE policy package will cause secondary materials to become cheaper, while primary materials become more expensive...
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