When:
Monday, November 16, 2020 4:00 PM
-
5:30 PM
Moynihan Institute of Global Affairs
Trade, Development and Political Economy presents
International Climate
Agreements and the Scream of Greta
Authors: Giovanni Maggi and Robert Staiger
The world is in immediate peril, as countries are not doing
enough to keep Earth's temperature from rising to near-catastrophic levels, and
various attempts at international cooperation have failed. Why is this problem
so intractable? Can we expect an 11th-hour solution to the problem? Will some
of the countries, or even all, succumb on the equilibrium path? We address
these questions through a formal model that emphasizes the role of two major
issues: the intra-temporal externalities that a country's policies exert on
other countries, and the inter-temporal externalities that the current
generation's policies exert on future generations. We examine the interaction
between these two issues and the extent to which international agreements can
mitigate the problem.
Giovanni Maggi
Yale University
Giovanni Maggi is the
Howard Leach Professor of Economics and International Affairs at Yale
University. He has done path-breaking work on the political economy of trade
policy, especially international trade agreements. His work has been published
in top Economics journals such as the American Economic Review, the Journal of
Political Economy, the Quarterly Journal of Economics and the Review of
Economic Studies. He has been a co-editor of the Journal of International
Economics and an associated editor of the American Economic Review. Professor
Maggi holds a PhD in Economics from Stanford University.
Click here to register
For more information, please contact Devashish Mitra, dmitra@syr.edu or to request additional accommodations, please contact Morgan Bicknell, mebickne@syr.edu.