Can global-level agreements about the environment ever work in
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Economic theory predicts that international environmental agreements will fail due to free-rider problems, and previous empirical work suggests that such agreements do not in fact reduce emissions. This column presents evidence that the Basel Convention and Ban on trade in hazardous waste has also been ineffective.01-Mar-2014
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Will fail due to free rider problems, and previous empirical work suggests such agreements do not in fact reduce emissions.
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