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Author:Barrett, S.
Title:International cooperation for sale
Journal:European Economic Review
2001 : DEC, VOL. 45:10, p. 1835-1850
Index terms:INTERNATIONAL RELATIONS
PUBLIC GOODS
Freeterms:SIDE PAYMENTS
Language:eng
Abstract:This paper shows that strong asymmetry among countries warrants a change in the rules of the game of global public goods provision, with the consequence that cooperation by some countries is bought by others and aggregate welfare is increased, perhaps substantially. Side payments on their own have virtually no effect on the outcomes that can be sustained by self-enforcing cooperative agreements.
SCIMA record nr: 228631
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