Suchergebnisse

The use of tradeable emission permits as a global policy for limiting greenhouse gas emissions is explored. Because nobody can escape the externalities of global atmospheric pollution & everybody has the right to share in a sustainable global atmosphere & climate, emission permits should be treated like property rights & allocated on a per capita basis across the world community. Rents generated by the process of reducing carbon emissions would acrue to nonpolluters, most of whom live in the southern hemisphere. The international transfers of wealth & income implied by the proposed scheme are large, but feasible, & lay the foundation for the real prospect that an international convention on carbon dioxide emissions could end the debt crisis & finance sustainable development in southern countries. The detailed design of a global tradeable permit regime is discussed. 1 Table, 41 References. Adapted from the source document.

International audience ; In this chapter we build on the observation that island economies, and especially small ones (population below one million), exhibit a remarkably wide range of economic structures built on a correspondingly wide range of development strategies. Common elements of "islandness" may serve to define island economies as a general class, but there clearly exist several distinct "species" within that class, and a corresponding menu of strategic options open to islander communities in relation to the terms of their incorporation into the global economy. The chapter has two important messages. First, there is no unique path to development. Second, in small economies, the social capital and "institutions" emphasized in the recent development literature (Hall & Jones, 1999; Acemoglu et al., 2002; Rodrik et al., 2004) have to be understood as incorporating the ability to achieve and sustain community-wide strategic consensus around a particular development specialization, along with sufficient flexibility to switch to alternatives as and when the field of external opportunities changes.

International audience ; In this chapter we build on the observation that island economies, and especially small ones (population below one million), exhibit a remarkably wide range of economic structures built on a correspondingly wide range of development strategies. Common elements of "islandness" may serve to define island economies as a general class, but there clearly exist several distinct "species" within that class, and a corresponding menu of strategic options open to islander communities in relation to the terms of their incorporation into the global economy. The chapter has two important messages. First, there is no unique path to development. Second, in small economies, the social capital and "institutions" emphasized in the recent development literature (Hall & Jones, 1999; Acemoglu et al., 2002; Rodrik et al., 2004) have to be understood as incorporating the ability to achieve and sustain community-wide strategic consensus around a particular development specialization, along with sufficient flexibility to switch to alternatives as and when the field of external opportunities changes.

Enthält Rezensionen u.a. von: Becker, David: The new bourgeoisie and the limits of dependency: mining, class, and power in "revolutionary Peru". - Princeton/N.J. : Princeton University Press, 1983. - 447 S