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The Global Development of Policy Regimes to Combat Climate Change

Author: Nicholas Stern

Publisher: World Scientific

Published: 2014-04-01

Total Pages: 280

ISBN-13: 9814551864

The year 2015 will be a landmark year for international climate change negotiations. Governments have agreed to adopt a universal legal agreement on climate change at the 21st Conference of Parties (COP21) to the United Nations Framework Convention on Climate Change (UNFCCC) in Paris in 2015. The agreement will come into force no later than 2020. This book focuses on the prospects for global agreement, how to encourage compliance with any such agreement and perspectives of key players in the negotiations — the United States, India, China, and the EU. It finds that there is strong commitment to the established UN institutions and processes within which the search for further agreed actions will occur. There are already a myriad of local and regional policies that are helping to reduce greenhouse gas emissions and build mutual confidence. However, the chapters in the book also highlight potential areas of discord. For instance, varying interpretations of the “common but differentiated responsibilities” of developing countries, agreed as part of the UNFCCC, could be a major sticking point for negotiators. When combined with other issues, such as the choice of consumption or production as the basis for mitigation commitments, the appropriate time frame and base date for their measurement and whether level or intensity commitments are to be negotiated, the challenges that need to be overcome are considerable. The authors bring to bear insights from economics, public finance and game theory. Contents:Introduction (Alex Bowen, Nicholas Stern and John Whalley)Global Cooperation and Understanding to Accelerate Climate Action (James Rydge and Samuela Bassi)The US and Action on Climate Change (Samuela Bassi and Alex Bowen)Challenges and Reality: China's Dilemma on Durban Platform Negotiation (Mou Wang, Huishan Lian and Yamin Zhou)Sustainable Growth and Climate Change: Evolution of India's Strategies (Ruth Kattumuri and Darshini Ravindranath)After Copenhagen and the Economic Crisis: Does the EU Need to Go Back to the Drawing Board? (Christian Egenhofer and Monica Alessi)The Scope for “Green Growth” and a New Technological Revolution (Alex Bowen)Negotiating to Avoid “Dangerous” Climate Change (Scott Barrett)Unilateral Measures and Emissions Mitigation (Shurojit Chatterji, Sayantan Ghosal, Sean Walsh and John Whalley)Compliance Mechanisms in Global Climate Regimes: Kyoto and Post-Kyoto (Sean Walsh and John Whalley) Readership: students and researchers in developmental economics and climate change; policy makers and decision makers; general public interested in climate change issues. Keywords:Climate Change;International Negotiation;Participation;COP21;UNFCCCKey Features:Timely and relevant for climate policy negotiators in the run-up to COP21 in Paris at the end of 2015Written by authors who have strong backgrounds in economics, both theoretical (e.g. game theory) and empirical (e.g. climate policy evaluation)

Macroeconomic Policy Regimes in Western Industrial Countries

Author: Hansjörg Herr

Publisher: Routledge

Published: 2011-02-15

Total Pages: 282

ISBN-13: 1136821678

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Macroeconomic Policy Regimes in Western Industrial Countries explains how certain countries have created a more liberal and market-based type of capitalism. The emphasis throughout is on how understanding macroeconomic policies, and the institutional framework in which they operate, is vital to understanding the long-run dynamics of a capitalist economy

Climate Change and Global Policy Regimes

Author: Timothy Cadman

Publisher: Springer

Published: 2013-03-25

Total Pages: 277

ISBN-13: 1137006129

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An analysis of the global climate talks and the key human systems threatened by increased greenhouse gas emissions including health, refugee management, energy production, carbon markets and local government.

The National Origins of Policy Ideas

Author: John L. Campbell

Publisher: Princeton University Press

Published: 2014-04-27

Total Pages: 421

ISBN-13: 069116116X

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In politics, ideas matter. They provide the foundation for economic policymaking, which in turn shapes what is possible in domestic and international politics. Yet until now, little attention has been paid to how these ideas are produced and disseminated, and how this process varies between countries. The National Origins of Policy Ideas provides the first comparative analysis of how "knowledge regimes"—communities of policy research organizations like think tanks, political party foundations, ad hoc commissions, and state research offices, and the institutions that govern them—generate ideas and communicate them to policymakers. John Campbell and Ove Pedersen examine how knowledge regimes are organized, operate, and have changed over the last thirty years in the United States, France, Germany, and Denmark. They show how there are persistent national differences in how policy ideas are produced. Some countries do so in contentious, politically partisan ways, while others are cooperative and consensus oriented. They find that while knowledge regimes have adopted some common practices since the 1970s, tendencies toward convergence have been limited and outcomes have been heavily shaped by national contexts. Drawing on extensive interviews with top officials at leading policy research organizations, this book demonstrates why knowledge regimes are as important to capitalism as the state and the firm, and sheds new light on debates about the effects of globalization, the rise of neoliberalism, and the orientation of comparative political economy in political science and sociology.

Canadian Foreign Policy and International Economic Regimes

Author: A. Claire Cutler

Publisher: UBC Press

Published: 1992

Total Pages: 440

ISBN-13: 0774804041

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As the world economy is becoming increasingly global in nature, thefuture of Canada's welfare will directly depend on thecountry's response and reaction to a wide range of economic regimeswhich govern the international economy. This volume is an important andtimely analysis of past and current Canadian policies toward both theformal and less formal arrangements which regulate such areas asinternational trade and financial transactions, international serviceindustries, fisheries resources, and the environment. Often influencedby domestic political concerns and its relations with the UnitedStates, Canada has, as the authors point out, exhibited a high degreeof variation in its responses to these regimes. Canadian Foreign Policyand International Economic Regimes addresses a broad range of foreigneconomic policies not generally considered in the foreign policyliterature. Interdisciplinary in its approach, it will be of interestto those in political science and public policy, economics, and law, aswell as to those involved in international business.

EU Policies in a Global Perspective

Author: Gerda Falkner

Publisher: Routledge

Published: 2013-11-20

Total Pages: 249

ISBN-13: 1317963628

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Recent decades have seen a rise in the significance of governance layers beyond the nation state and even Europe. Nonetheless, few efforts have been made thus far to systematically examine the EU’s interaction with global policy regimes. This book maps the relative importance of EU policies in the multi-level global governance system, in comparison with national and global activities. It provides a unique comparative analysis of the EU’s capacity for projecting its policies outward. Focusing on trade policy, agriculture, food safety, competition, social rights, environmental policy, transport, migration, nuclear non-proliferation, or financial regulation, each chapter contributes to a better understanding of the EU’s role in shaping global policies, the mechanisms it uses and the conditions leading to success or failure. The contributors’ comparative research highlights that policy export is a demanding phenomenon that faces severe limitations and frequently comes with drawbacks. Still, EU policy export played a key role in shaping the rules of the global trade regime and influenced global policy outcomes – at least to a minor extent or in technical aspects – in the majority of the covered policy areas. Overall however, this book reveals that the EU not only aims to export its policies, but interacts with its global environment in a number of distinct ways, including policy import and policy protection, to shield it from global pressures. Concluding with a comparison of all policies on the meta-level and relevant policy recommendations, this book will be of interest to students, scholars and practitioners of European politics, European public policy, global governance and international relations.

Insecurity and Welfare Regimes in Asia, Africa and Latin America

Author: Ian Gough

Publisher: Cambridge University Press

Published: 2004-02-26

Total Pages: 12

ISBN-13: 9780521834193

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Written by a team of internationally respected experts, this book explores the conditions under which social policy, defined as the public pursuit of secure welfare, operates in the poorer regions of the world. Social policy in advanced capitalist countries operates through state intervention to compensate for the inadequate welfare outcomes of the labour market. Such welfare regimes cannot easily be reproduced in poorer regions of the world where states suffer problems of governance and labour markets are imperfect and partial. Other welfare regimes therefore prevail involving non-state actors such as landlords, moneylenders and patrons. This book seeks to develop a conceptual framework for understanding different types of welfare regime in a range of countries in Asia, Latin America and Africa and makes an important contribution to the literature by breaking away from the traditional focus on Europe and North America.

Exchange Rate Regimes in the Modern Era

Author: Michael W. Klein

Publisher: MIT Press

Published: 2012-08-24

Total Pages: 267

ISBN-13: 0262258331

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An analysis of the operation and consequences of exchange rate regimes in an era of increasing international interdependence. The exchange rate is sometimes called the most important price in a highly globalized world. A country's choice of its exchange rate regime, between government-managed fixed rates and market-determined floating rates has significant implications for monetary policy, trade, and macroeconomic outcomes, and is the subject of both academic and policy debate. In this book, two leading economists examine the operation and consequences of exchange rate regimes in an era of increasing international interdependence. Michael Klein and Jay Shambaugh focus on the evolution of exchange rate regimes in the modern era, the period since 1973, which followed the Bretton Woods era of 1945–72 and the pre-World War I gold standard era. Klein and Shambaugh offer a comprehensive, integrated treatment of the characteristics of exchange rate regimes and their effects. The book draws on and synthesizes data from the recent wave of empirical research on this topic, and includes new findings that challenge preconceived notions.

Evaluating Policy Regimes

Author: Ralph Bryant

Publisher: Brookings Institution Press

Published: 2010-12-01

Total Pages: 1024

ISBN-13: 9780815714910

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Economists have long debated the theoretical merits—for an individual nation and for a multi-nation world economy—of alternative approaches to the conduct of economic policy. Yet theory alone cannot resolve the important issues at stake. Only after the robustness of policy regimes has been carefully examined with empirical evidence will policymakers and economists be able to reach more of a consensus. This pathbreaking volume takes major steps forward in meeting the need for a combination of theoretical and empirical evaluations of alternative policy regimes. Bringing together individuals and groups doing pioneering research on macroeconomic interaction, it explores what approach to monetary policy would lead to superior performance by individual national economies and the world economy as a whole. Many parts of the book use the analytical techniques of stochastic simulation, an evaluation procedure increasingly employed at the frontier of empirical economic analysis. The book provides a summary of the hey issues involved in evaluating policy regimes and clarifies the relationships among those issues. The authors examine the stabilization properties of alternative monetary-policy regimes and analyze how well various regime types perform in the face of unexpected shocks to national economies. Among their conclusions, they find that some simplified regimes for monetary policy are markedly less promising than others for achieving the stabilization objectives commonly sought by policymakers. Evaluating Policy Regimes is another major installment in a continuing world wide research project, sponsored by the Brookings Institution, to improve empirical knowledge about the interdependence of national economies.

The Rules of the Game in the Global Economy

Author: Lee E. Preston

Publisher: Springer Science & Business Media

Published: 2013-11-11

Total Pages: 308

ISBN-13: 9401580162

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This study has been long in the making, and the world has changed dramatically while we have been at work. We initially anticipated a substantial section on the Soviet-dominated Council for Mutual Economic Assistance (CMEA or "COMECON"), which offered an interesting contrast to the kind of international business regime typically found among market-oriented countries and industries. As we moved toward publi- tion, the CMEA vanished, and so we mention it only in passing. The USSR subsequently disintegrated into a Commonwealth of Independent States (CIS). On the other hand, we began with the assumption that the historic "rule of capture" no long played a significant role in international economic relations. The seizure of Kuwait's territory and wealth by the government of Iraq suggests that this assumption was heavily influenced by wishful thinking. Even though this seizure has been reversed by military action, the experience remains a challenge to generally held beliefs about the strength of "order" versus "chaos" in contemporary international affairs. Some readers of this volume have suggested that it gives insufficient attention to the fact that many of the important business and economic regimes of the postwar period are currently under significant pressure, perhaps even in danger of collapse. We acknowledge that there are many evidences of strain in, for example, the free trade and money exchange regimes, and in many areas of environmental protection.