Greater collaboration among countries and between governments and the private sector will be required if the world is to recover from the many shocks it is currently experiencing, according to a new report published today (25 May 2022) by the World Economic Forum. Read more
Building on a large body of theoretical and experimental literature, the authors of this paper hypothesize that trust shared in a society may positively affect global cooperative behavior. Read more
Many public goods cannot be provided directly by interested parties (e.g. citizens), as they entail decision-making at nested hierarchical scales:... Read more
Climate change is a global externality that has proven difficult to address through formal institutions alone due to the public... Read more
What affects how compliant businesses are with environmental regulations? Traditional enforcement measures such as fines and inspections by authorities can... Read more
This paper uses data on the compliance of installations regulated under the EU Emissions Trading Scheme to investigate how the levels of trust in a country affect the compliance of firms with regulations on climate change. Read more
This paper finds that the culture of cooperation sustained by trust within a country positively affects international cooperative behaviour, showing that an increase in trust between citizens results in larger cuts in carbon dioxide emissions. Read more
A previous draft of this report was published as a background paper submission to the China Development Forum 2017. An... Read more
