Free Trade Today by Jagdish Bhagwati Princeton University Press, Princeton and Oxford, 2002, pp. 121. Free Trade under Fire by Douglas A. Irwin Princeton University Press, Princeton and Oxford, 2002, pp. 253.
Free Trade Today by Jagdish Bhagwati and Free Trade under Fire by Douglas A. Irwin . . . . . . . . . . . . . . . . . . . . . . . . . . . . Bijit Bora The Role of the World Trade Organization in Global Governance by Gary P. Sampson . . . . . . . . . . . . . . . . . . . . . . . . . . Miles Kahler The Political Economy of Environmental Protectionism by Achim Körber . . . . . . . . . . . . . . . . . . . . . . . . . Axel Michaelowa
Border Carbon Adjustments and Unilateral Incentives to Regulate the Climate
It is suggested that trade measures should be used to induce exporters to adopt more ambitious climate policy and reduce global emissions. However, a tariff and the exporter's emission tax are likely substitutes, which would undermine the rationale for these trade measures. This paper examines incentives to regulate the climate under border carbon adjustment (BCA), defined as an import duty of a magnitude determined by the difference in emission taxes between trade partners. Unlike a tariff, a BCA can induce the exporter to adopt a higher tax, suggesting that the BCA and tariff are not equally effective at targeting global emission levels and that the features of the border measure matter in assessing the effectiveness of trade policy in targeting global emissions.
Is there effectively a level playing field for developing country exports
This publication investigates the extent to which progress in reducing impediments and distortions to trade has leveled the playing field for developing country exports. It also looks into whether, and how, critical measures and disparities in post- Uruguay Round practice are actually dealt with by the international trading framework.