Beyond carbon pricing: How different climate policies affect carbon leakage through trade

A central concern in the climate policy debate is whether ambitious mitigation efforts simply shift emissions abroad. This column addresses estimates carbon leakage rates and
Accommodating emerging giants in the global economy

History provides many examples of large changes in the relative economic size of nations. This column examines the impact of rapid economic growth in emerging
Hiroshima: Resilience of city structure after the atomic bombing

Cities have faced a host of shocks throughout history, including earthquakes, hurricanes, coastal flooding, and storm surges, as well as wartime destruction, such as in

