Trade Sanctions, Financial Transfers and BRIC's Participation in Global Climate Change Negotiations Huifang Tian ([email protected]) and John Whalley <http://econpapers.repec.org/RAS/pwh8.htm> No 2698, CESifo Working Paper Series <http://econpapers.repec.org/paper/cesceswps/> from CESifo Group Munich <http://www.cesifo.de> Abstract: Countries can reduce global emissions by reducing own consumption since they are linked to the total value of consumption world wide. Two effects are at issue: a utility loss from forgone consumption and a utility gain from lowered temperature change. It is thus unclear whether own country emissions reductions are in the self interest; typically they are not for small countries, but may be for larger countries. Here are investigate the incentives for individual large population low wage rapidly growing countries in the BRIC group (Brazil, Russia, India, China) and the groups of countries as a sub-global coalition. We also assess what level of other countries' trade measures linked to non participation is needed to induce compliance as an all or nothing discrete choice. We capture induced changes in the global trade equilibrium in our analysis, as well as participation linked to financial transfers. Our results suggest that only very high tariffs over a hundred percent by all other countries, or even higher tariffs by the OECD alone, could induce participation by BRIC countries, especially when the country is a net exporter. Equally, large financial transfers would be needed. Keywords: trade <http://econpapers.repec.org/scripts/search/search.asp?kw=trade+near+sanctio ns> sanctions; financial <http://econpapers.repec.org/scripts/search/search.asp?kw=financial+near+tra nsfers> transfers; global <http://econpapers.repec.org/scripts/search/search.asp?kw=global+near+emissi ons> emissions; climate <http://econpapers.repec.org/scripts/search/search.asp?kw=climate+near+chang e> change (search for similar items in EconPapers) JEL-codes: A11 <http://econpapers.repec.org/scripts/search/search.asp?jel=A11> (search for similar items in EconPapers) Date: 2009 Track <http://citec.repec.org/cgi-bin/rss.pl?h=repec:ces:ceswps:_2698> citations by RSS feed Downloads: (external link) http://www.cesifo.de/DocCIDL/cesifo1_wp2698.pdf <http://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fwww.cesifo.de%2 FDocCIDL%2Fcesifo1_wp2698.pdf;h=repec:ces:ceswps:_2698> (application/pdf) Related works: Journal Article: Trade <http://econpapers.repec.org/article/eeejpolmo/v_3a32_3ay_3a_3ai_3a1_3ap_3a4 7-63.htm> sanctions, financial transfers and BRIC participation in global climate change negotiations (2010) Downloads This item may be available elsewhere in EconPapers: Search <http://econpapers.repec.org/scripts/search/search.asp?adv=true;wp=on;art=on ;soft=on;mh=100;ph=10;sort=rank;kwp=true;kw=Trade+Sanctions,+Financial+Trans fers+and+BRIC%27s+Participation+in+Global+Climate+Change+Negotiations> for items with the same title. Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: http://EconPapers.repec.org/RePEc:ces:ceswps:_2698 Access <http://logec.repec.org/scripts/paperstat.pf?h=repec:ces:ceswps:_2698> Statistics for this paper More papers <http://econpapers.repec.org/paper/cesceswps/> in CESifo Working Paper Series from CESifo Group Munich <http://www.cesifo.de> Address: Poschingerstrasse 5, 81679 Munich Series data maintained by Julio Saavedra ([email protected]). http://econpapers.repec.org/paper/cesceswps/_5f2698.htm [Non-text portions of this message have been removed] ------------------------------------ -------------------------- Want to discuss this topic? Head on over to our discussion list, [email protected]. -------------------------- Brooks Isoldi, editor [email protected] http://www.intellnet.org Post message: [email protected] Subscribe: [email protected] Unsubscribe: [email protected] *** FAIR USE NOTICE. 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