Marc Melitz

Jul 8, 2024 | econofact.org | Farid Farrokhi |Ahmad Lashkaripour |Daniel Drezner |Marc Melitz

· Boston College and Indiana University Click here for a larger version of the graph. Greenhouse gas emissions from developing economies have risen markedly and account for an increasing share of global emissions. Although many developing economies have signed international climate agreements few have instituted emission trading systems or imposed carbon taxes to limit greenhouse gas emissions.

Jun 25, 2024 | econofact.org | Daniel Drezner |Daniel Bergstresser |Marc Melitz |Raymond Fisman

Sanctions should never be judged in isolation; policymakers often opt for economic sanctions not because they will always work but rather because they are viewed as superior to military statecraft or diplomatic censure. For political reasons, then, it seems likely that the use of sanctions will continue to rise – as will all the negative externalities that they create. Editor's note: This post was co-written with EconoFact Deputy Managing Editor Kailash K.