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Cari koleksi dengan cepat sesuai kebutuhan Anda.We study self-enforcing international environmental agreements (IEAs) in a model with symmetric countries, international trade, and emission tax policy and find that the first-best global IEA may be self-enforcing. This is in sharp contrast to the known case of cap-and-trade policy in which self-enforcing IEAs have fewer signatories and fail to achieve significant improvements in welfare and da…
Has inflation targeting (IT) conferred benefits in terms of economic growth on countries that followed this particular monetary policy strategy during the crisis period 2007�13? We answer this question in the affirmative. Countries with an IT monetary regime weathered the crisis much better than did countries with other monetary regimes, particularly countries with fixed exchange rates.
We study the nexus between US economic and military aid, human rights conditions, and the emergence of anti-American transnational terrorism in aid-receiving countries. Using data from 126 countries for the period 1984�2008, we show that a combination of local repression and military or economic dependence on the USA results in more anti-American terrorism. This relationship only breaks do…