Overview

Global warming is debated largely in environmental terms. The contributions in this book focus instead on the economic effects of global warming, providing a summary of current thinking on this important issue. They raise such crucial questions as - which countries will suffer the most from climate change? What economic initiatives could be adopted to reduce carbon dioxide emissions and chlorofluorocarbons? How will different nations fare under various proposals? What are the prospects for international cooperation?

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The late Rudiger Dornbusch was Professor of Economics at the Massachusetts Institute of Technology. James M. Poterba is Mitsui Professor in the Department of Economics at MIT. He has been Director of the NBER Public Economics Research Program since 1991 and has edited volumes 6-20 of Tax Policy and the Economy.

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