Border adjustment mechanisms: Elements for economic, legal, and political analysis

Julien Bueb, Lilian Richieri Hanania and Alice Le Clézio

No wp-2016-20, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper examines, from a multidisciplinary perspective, plausible hypotheses for implementation of border carbon adjustment mechanisms, seen as a complement to strong environmental regulation. It highlights economic, legal, and political difficulties raised by border carbon adjustments. After thoroughly reviewing their economic practicability, it analyses these mechanisms from an International Trade Law perspective, particularly vis-à-vis the General Agreement on Tariffs and Trade, sustainable development, and the principle of shared but differentiated responsibilities.

Keywords: Environmental justice; International trade; Political science; Sustainable development (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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