Carbon tariffs, permits and subsidies

Market and PPP measures of GDP

You may be wondering why, if the MER basis is an inaccurate way to measure and compare output and growth, the World Bank (especially, but also the IMF and OECD in some publications) use it. The answer, as explained by the IMF staff, is that it is "too hard" (!) to estimate accurate PPP weights for……

Eonomic integration of Pacific Islands

So what are the options?

The limits of WTO litigation

Krugman’s take on protection

An attempt to scare people? I suppose he'd know.