November 23, 2009
The impacts of runaway climate change on developing countries are dire and increasingly well understood. At the same time, some measures to cut emissions could have serious unintended negative consequences for developing-country growth. CGD senior fellow Arvind Subramanian and co-authors offer some preliminary quantification of the impact of possible policy approaches in a pair of new working papers, “Reconciling Climate Change and Trade Policy” and “Can Global De-Carbonization Inhibit Developing-Country Industrialization?”