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Full-Text Articles in International Economics
The Framework Of Trade In The Council For Mutual Economic Assistance, Michael S. Bokoff
The Framework Of Trade In The Council For Mutual Economic Assistance, Michael S. Bokoff
Honors Scholar Theses
This paper establishes an overview of the variables and constraints that affected trade in the Council for Mutual Economic Assistance. It explores the origins of COMECON, the demographic and resource distribution of the member nations, and the role of trade in a centrally planned economy. The paper’s primary focus is on the emergence of a bilateral trade structure, the faulty price mechanism, and the nonconvertibility of currencies. The paper documents the origins and relationships between the constraints of trade within COMECON, and argues that ultimately, these constraints prevented COMECON from fully achieving its economic objectives.
Policy Suggestions For Emissions Trading In The U.S.A., Nathaniel Wallshein
Policy Suggestions For Emissions Trading In The U.S.A., Nathaniel Wallshein
Honors Scholar Theses
This honors thesis will examine current and theoretical "cap and trade" emissions trading schemes in an attempt to make recommendations on how to improve this regulated commodity market. The various control mechanisms available to regulators will be discussed: including allocation methodology, benchmarking, banking, variation in design frameworks, etc. To aid and support the proposed policy recommendations, this paper will investigate the design framework of the SOx emission trading scheme in the US, the Kyoto Protocol, and the European Union Emissions Trading Scheme (ETS). The political, social, and economic context of these schemes will be taken into account when considering the …