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puzzle in standard economic models. To study this phenomenon, we propose a positive theory of IEAs in which the political … (might not be implemented in full). The theory also provides a new perspective for understanding investments in green …
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As states take on more comprehensive and stricter obligations in multilateral environ-mental agreements (MEAs), increasing focus is being given to the effective implementation of these obligations. In the Kyoto Protocol context, the Marrakesh Accords have established a Compliance Committee with...
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