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18 January Resistance to the regulation of common resources in rural Tunisia

We examine the effect of the introduction of uniform water-charging for aquifer management and provide evidence using a survey-based choice experiment of agricultural water users in rural Tunisia. Theoretically, we show that the implementation of the proposed second-best regulation would result both in efficiency gains and in distributional effects in favour of small landholders. Empirically, we...

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(2014) - English

Institution
Graduate Institute of International and Development Studies

18 January The Principle of Common Concern and Climate Change

The international community has made a substantial effort to create awareness and foster research as well as developing inventories and methodologies to combat global warming. It has come a long way. The review and assessment of the most recent scientific, technical and socioeconomic information by the Intergovernmental Panel on Climate Change (IPCC) amounts to one of the most comprehensive...

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(2014) - English

Institution
University of Zürich - Faculty of Economics, Business Administration and IT

18 January A surplus of ambition: can Europe rely on large primary surpluses to solve its debt problem?

IMF forecasts and the EU's Fiscal Compact foresee Europe's heavily indebted countries running primary budget surpluses of as much as 5 percent of GDP for as long as 10 years in order to maintain debt sustainability and bring their debt/GDP ratios down to the Compact's 60 percent target. We show that primary surpluses this large and persistent are rare. In an extensive sample of high- and...

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(2014) - English

Institution
Graduate Institute of International and Development Studies

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