From an international political economy perspective, the international political system of states claiming exclusive authority and the monopoly of legitimate violence within their territorial limits—the so[hyphen]called Westphalia system—is inseparable from the prevailing capitalist market...

A seeming paradox of globalization is that while innovation and the industries and institutions that support it transcend local and national boundaries, high-tech innovative activity continues to agglomerate in a select number of high-capacity regions. Research, however, suggests that innovative...

The discussions about adaptation finance have mostly been about process: how money should be raised and how adaptation spending should be governed and monitored. This paper seeks to move the focus of the debate back towards the substance of adaptation by asking what “good adaptation” in...

Under a customs union, countries can exchange preferential market access by coordinating external tariffs to shift profits from excluded countries. I show that the exporting rents resulting from this coordination can offset trade diversion losses produced by the union, even if its members are...

This article explores the principles that should guide efforts to raise finance for climate action in developing countries. The main conclusions are that, first, there is an important role for private finance, which would be facilitated by having pervasive and broadly uniform emissions pricing...

This paper uses the EPO/OECD World Patent Statistical Database (PATSTAT) to provide a quantitative description of the geographic distribution of inventions in thirteen climate mitigation technologies since 1978 and their international diffusion on a global scale. Statistics suggest that...

Bilateral investment treaties (BITs) are typically presented as vital risk-mitigating instruments providing foreign investors with “credible commitments” that their assets will not be expropriated, discriminated against, or otherwise maltreated post-establishment. Accordingly, developing...

The Commission presented its Green Paper on the Future of the European Asylum system in June 2007. The Green Paper builds on the 2005 Hague Programme Action Plan with its objective of creating a common European asylum system. Such a system aims not only at establishing a level playing field in...

From an international political economy perspective, the international political system of states claiming exclusive authority and the monopoly of legitimate violence within their territorial limits-the so-caled Westphalia system-is inseparable from the prevailing capitalist market economy which...

A Nonnormative Theory of Inflation and Central Bank Independence. - The authors study monetary policy under different central bank constitutions when the labor-market insiders set the minimal wage so that the outsiders are involuntarily unemployed. If the insiders are in the majority, the...