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• The Global Recession and Climate Change

  Fri, 13 Nov 2009 13:32:00 GMT

  Delaying national commitments to reach reduced greenhouse gas emissions will be more costly for national governments in the long run. Nonresident Senior Fellow Warwick McKibbin says the floundering global economy is a critical factor in what actions can be taken now.

• Modelling the Global Financial Crisis

  Mon, 28 Sep 2009 00:00:00 GMT

  Warwick McKibbin and Andrew Stoeckel use modelling to explore the economic effects of a global financial crisis where businesses and households unexpectedly switch between a pessimistic view on risk and then to a more moderate temporary scenario.

• Climate Change at the G-20 Summit

  Thu, 24 Sep 2009 10:37:00 GMT

  Crafting global policy to address climate change is a priority for leaders attending the G-20 Summit in Pittsburgh. Nonresident Senior Fellow Warwick McKibbin previews the talks, noting the complexities the leaders face in finding the common ground necessary to tackle this consuming issue.

• G-20 Summit: Recovering from the Crisis

  Thu, 17 Sep 2009 00:00:00 GMT

  
  On September 24, President Obama will chair his first G-20 Summit in Pittsburgh. With the world economy improving, leaders will now focus their attention on economic recovery and restoring financial stability. Experts from Brookings Global Economy and Development program analyze top issues to be addressed at the summit and provide recommendations on how to effectively overcome global economic and governance challenges to ensure recovery now and to prevent future crises.

• Climate Change Policy: Recommendations to Reach Consensus

  Thu, 10 Sep 2009 00:00:00 GMT

  
  As the financial crisis continues to take its toll on the global economy, another serious challenge looms large: preventing the planet from warming more than 3.6 degrees Fahrenheit. Brookings experts and colleagues from the public and private sectors develop strategies and provide recommendations to policymakers who are now faced with the daunting task of stabilizing the climate without dampening economic recovery.

• The Potential Impact of the Global Financial Crisis on World Trade

  Mon, 31 Aug 2009 00:00:00 GMT

  Brookings expert Warwick McKibbin and CAMA Visiting Fellow, Andrew Stoeckel, use modelling to explore the implications of the large increase in fiscal deficits and the implications of a global trade war in response to the financial crisis.

• A Copenhagen Collar: Achieving Comparable Effort Through Carbon Price Agreements

  Fri, 28 Aug 2009 00:00:00 GMT

  The global financial crisis proves how unforeseen macroeconomic conditions can affect policies aimed at reducing and stabilizing greenhouse gas emissions. This paper outlines an example that shows that a price collar can have a negligible expected impact on the outcome that matters most for the climate—increasing emissions.

• Consequences of Alternative U.S. Cap-and-Trade Policies: Controlling Both Emissions and Costs

  Mon, 27 Jul 2009 00:00:00 GMT

  
  Brookings experts Adele Morris, Peter Wilcoxen and Warwick McKibbin analyze the economic effects of a potential U.S. cap-and-trade program and offer insights to policy-makers on how to limit climate change by reducing greenhouse gas emissions with little risk to the economy.

• Time for a Price Collar on Carbon

  Fri, 24 Jul 2009 00:00:00 GMT

  
  As the Senate moves to consider the House approved cap-and-trade legislation, hurdles still remain. Brookings experts Adele Morris, Peter Wilcoxen and Warwick McKibbin argue that sponsors of the Senate cap-and-trade bill could strengthen its prospects by establishing a price collar as a way to make it more politically and economically attractive.

• The Swine Flu Outbreak and its Global Economic Impact

  Mon, 04 May 2009 00:00:00 GMT

  
  As swine flu continues to spread in the United States and globally, fears of a pandemic have contributed to stock market decline as many industries suffer from a lack of public confidence. Warwick McKibbin analyzes the impact on the global economy and says the next few weeks are critical to assess whether the world will see further economic decline.

• What a Flu Pandemic Could Cost the World

  Tue, 28 Apr 2009 00:00:00 GMT

  
  Fearing the swine flu outbreak may lead to pandemic, stock markets have declined and tourism, food and transportation industries are suffering from a lack of public confidence. Brookings expert Warwick McKibbin and Alexandra A. Sidorenko offer insight into what type of reactions we could see from the global economy.

• The Global Financial Crisis: Causes and Consequences

  Thu, 09 Apr 2009 00:00:00 GMT

  As the global economy begins to show some signs of recovery following the financial crisis, many are asking if the worst is over. In an interivew with the Australian Broadcasting Cooperation, Warwick McKibbin discusses the causes and consequences of the crisis and his optimitism for economic growth in many countries.

• Towards a Realistic Global Climate Agreement

  Sun, 30 Nov 2008 00:00:00 GMT

  Warwick McKibbin and Peter Wilcoxen write that as a mechanism for controlling climate change, the Kyoto Protocol has not been a success. They offer an alternative framework for international climate policy, the McKibbin-Wilcoxen Hybrid3 as an approach that focuses on coordinated actions rather than mandated, inflexible outcomes.

• Expecting the Unexpected: Macroeconomic Volatility and Climate Policy

  Sun, 30 Nov 2008 00:00:00 GMT

  
  The global financial crisis underscores the importance of developing global climate change policies that can withstand major economic disruptions. In a new working paper, Warwick McKibbin, Adele Morris, and Peter Wilcoxen examine the effects of unexpected economic shocks on three potential climate change policy regimes.

• Top 10 Global Economic Challenges Facing America's 44th President

  Fri, 10 Oct 2008 00:00:00 GMT

  
  As President-Elect Obama prepares to lead the United States, what are the top global economic challenges facing the new president and his advisors and how should the new administration address them? A new report by Brookings global economic and development experts ranks the top 10 issues and details specific ideas for how to tackle the toughest challenges.

• What Does a Free Trade Area of the Asia-Pacific Mean to China

  Wed, 27 Aug 2008 00:00:00 GMT

  
  In “What Does a Free Trade Area of the Asia-Pacific Mean to China,” the latest installment of the Brookings Global Economy and Development working paper series, Tingsong Jiang, Senior Economist at the Centre for International Economics in Australia, and Warwick J. McKibbin, Nonresident Senior Fellow in Global Economy and Development, assert it is in China’s interest to actively liberalize trade in the Asia-Pacific region.

• Exploring China’s Growth and the International Climate Framework

  Mon, 21 Jul 2008 00:00:00 GMT

  
  Climate change may be the key obstacle in preventing China from reaching equivalent living standards with the Western world. Warwick McKibbin, Peter Wilcoxen, and Wing Thye Woo analyze the future of international climate change agreements and offer recommendations on how to engage China, continue growth and establish an effective framework.

• Australia and the Garnaut Approach to Climate Change: Right Direction, Wrong Policy

  Mon, 07 Jul 2008 00:00:00 GMT

  
  A draft report of the Garnaut Climate Change Review, released on July 4, 2008, attempts to lay out the issues for policy choice on climate change in Australia. Warwick McKibbin argues that Garnaut’s proposed emissions trading system, filled with too many uncertainties, disregards a vital international perspective.

• Australia and Climate Change: Moving Toward an Effective Framework

  Sun, 06 Jul 2008 00:00:00 GMT

  Following the release of the draft report of the Garnaut Climate Change Review in Australia, Warwick McKibbin was interviewed by Alan Kohler of ABC's "Inside Business," and discussed his views on the report and his own proposals for international climate change policies. Instead of Garnaut’s proposed emissions trading system, McKibbin advocates for a framework that includes clear, transparent, long-term goals with less uncertainty.

• Sensible Climate Policy: Green Goals With Long Aim

  Thu, 03 Jul 2008 00:00:00 GMT

  
  As Australia faces a critical point in designing a national climate-policy framework, it could help drive the global debate on the type of policies to be enacted in a post-Kyoto world. Warwick McKibbin advocates for a national system that combines long-term emissions trading and a short-term fixed price for carbon.

• Australian Climate Change Policy Built on Shaky Foundation

  Fri, 28 Mar 2008 00:00:00 GMT

  
  The Garnaut Climate Change Review, commissioned by Australia's state and territory governments, examines the impacts of climate change on the Australian economy and makes recommendations for sustainable prosperity. Warwick McKibbin examines the science the review is based on and the political cloud that hovers over the climate debate.

• Challenges Facing the Climate Change Conference

  Thu, 29 Nov 2007 17:07:40 GMT

  As delegates gather for the U.N. Climate Change Conference in Bali, Indonesia this week, world leaders will try to devise a comprehensive agreement on reducing greenhouse gas emissions. Brookings scholar Warwick McKibbin says the issues are complex with both environmental and economic considerations.

• Economist calls for bipartisan approach on climate

  Mon, 05 Nov 2007 00:00:00 GMT

  As discussion of global warming in Australia heats up, Brookings Scholar Warwick Mckibbin argues little was achieved by the recent debate and says Australia may be better served if the parties worked together on the issue.

• The Global Costs of an Influenza Pandemic

  Sun, 15 Jul 2007 00:00:00 GMT

  McKibbin and Sidorenko explore ways to estimate the economic consequences of pandemics, based on computer simulations incorporating what we know about influenza transmission and the likely response by governments, as well as by markets.

• Blueprint for a Flexible, Sensible Climate Policy

  Tue, 05 Jun 2007 00:00:00 GMT

  The release of the final report by the Prime Ministerial Task Group on Emissions Trading marks a new stage in the debate on how to implement realistic climate change policy. The timing of this excellent report is particularly important because it has the potential to be a strategy for climate policy at the global level as well as in Australia.

• Top Ten Global Economic Challenges: An Assessment of Global Risks and Priorities

  Thu, 01 Feb 2007 00:00:00 GMT

  Top Ten Global Economic Challenges Report by Global Economy and Development (February 2007)

• Domestic Investment and External Imbalances in East Asia

  Fri, 01 Sep 2006 00:00:00 GMT

  Paper by Warwick J. McKibbin and Jong-Wha Lee (09/2006)

• A Credible Foundation for Long Term International Cooperation on Climate Change

  Mon, 01 May 2006 00:00:00 GMT

  
  Warwick McKibbin and Peter Wilcoxen propose a detailed climate change policy that establishes long-term incentives for investments in new energy-sector capital, and in research and development, as well as enhancing coordination and collaboration between countries, rather than on coercion.

• Global Macroeconomic Consequences of Pandemic Influenza

  Wed, 01 Feb 2006 00:00:00 GMT

  Warwick McKibbin and Alexandra Sidorenko explore the implications of a pandemic influenza outbreak on the global economy through a range of scenarios (mild, moderate, severe, and ultra) that span the historical experience of influenza pandemics of the twentieth century.

• Environmental Consequences of Rising Energy Use in China

  Thu, 01 Dec 2005 00:00:00 GMT

  Paper by Warwick J. McKibbin, Asian Economic Policy Review (December 2005)

• Global Climate Change Policy Beyond 2012

  Wed, 23 Nov 2005 00:00:00 GMT

  Opinion by Warwick J. McKibbin, The Brookings Institution (11/23/05)

• Climate Pact a Good Beginning

  Mon, 01 Aug 2005 00:00:00 GMT

  Opinion by Warwick J. McKibbin, Australian Financial Review (8/1/05)

• Australia Should Be More Generous in Delivering Aid

  Fri, 01 Jul 2005 00:00:00 GMT

  In 2003, Prime Minister John Howard said: "In the end a nation's foreign policy must be values based." Michael Fullilove and Warwick J. McKibbin say he's right, and "there's no reason why our values should stop at the edge of our continent. As a first step, we should outline our plan for raising our foreign assistance to the level to which the world — including Australia — has agreed."

• Financial Liberalization, Financial Sector Development and Growth: Evidence from Malaysia

  Wed, 01 Jun 2005 00:00:00 GMT

  Paper by James B. Ang and Warwick J. McKibbin (June 2005)

• Global Demographic Change and Japanese Macroeconomic Performance

  Wed, 01 Jun 2005 00:00:00 GMT

  Paper by Warwick J. McKibbin (June 2005)

• Chinese Currency Revaluation?

  Wed, 01 Jun 2005 00:00:00 GMT

  Article by Warwick J. McKibbin and Andrew Andrew Stoeckel, Economic Scenarios (June 2005)

• Convergence and Per Capita Carbon Emissions

  Sun, 01 May 2005 00:00:00 GMT

  Paper by Alison Stegman and Warwick J. McKibbin (May 2005)

• Sensible Climate Policy

  Tue, 01 Feb 2005 00:00:00 GMT

  Paper by Warwick J. McKibbin, The Lowy Institute for International Policy (February 2005)

• The United States Current Account Deficit and World Markets

  Tue, 01 Feb 2005 00:00:00 GMT

  Article by Warwick J. McKibbin and Andrew Stoeckel, Economic Scenarios (February 2005)

• Oil Price Scenarios and the Global Economy

  Wed, 01 Dec 2004 00:00:00 GMT

  Article by Warwick J. McKibbin and Andrew Stoeckel, Economic Scenarios (December 2004)

• What If China Revalues Its Currency?

  Wed, 01 Dec 2004 00:00:00 GMT

  Article by Warwick J. McKibbin and Andrew Stoeckel (12/2004)

• China: The Implications of Policy Tightening

  Wed, 01 Dec 2004 00:00:00 GMT

  Article by Warwick J. McKibbin and Andrew Stoeckel, Economic Scenarios (December 2004)

• Transpacific Trade Imbalances: Causes and Cures

  Sun, 01 Aug 2004 00:00:00 GMT

  Paper by Jong-Wha Lee, Warwick J. McKibbin, and Yung Chul Park (5/2004)

• Modeling Global Demographic Change: Results for Japan

  Sun, 01 Aug 2004 00:00:00 GMT

  Paper by Warwick J. McKibbin and Jeremy Nguyen (August 2004)

• Climate Policy and Uncertainty: The Roles of Adaptation versus Mitigation

  Sat, 01 May 2004 00:00:00 GMT

  Paper by Warwick J. McKibbin and Peter J. Wilcoxen

• Long Run Projections for Climate Change Scenarios

  Thu, 01 Apr 2004 00:00:00 GMT

  Paper by Warwick J. McKibbin, David Pearce, and Alison Stegman (4/04)

• Which Exchange Rate Regime for Asia?

  Sun, 01 Feb 2004 00:00:00 GMT

  Paper by Warwick J. McKibbin and Hong-Giang Lee (2/04)

• Globalization and Disease: The Case of SARS

  Sun, 01 Feb 2004 00:00:00 GMT

  Paper by Jong-Wha Lee and Warwick J. McKibbin (2/04)

• Changes in Equity Risk Perceptions: Global Consequences and Policy Responses

  Sun, 01 Feb 2004 00:00:00 GMT

  Paper by Warwick J. McKibbin and David Vines (2/04)

• Estimates of the Costs of Kyoto-Marrakesh Versus The McKibbin-Wilcoxen Blueprint

  Sun, 01 Feb 2004 00:00:00 GMT

  Paper by Warwick J. McKibbin and Peter J. Wilcoxen (2/04)

• The Consequences of China's WTO Accession on its Neighbors

  Sun, 01 Feb 2004 00:00:00 GMT

  Paper by Warwick J. McKibbin and Wing Thye Woo (02/04)

• Estimates of the Costs of Kyoto-Marrakesh Versus The McKibbin-Wilcoxen Blueprint

  Sun, 01 Feb 2004 00:00:00 GMT

  Paper by Warwick J. McKibbin and Peter J. Wilcoxen (2/04)

• Exploding Fiscal Deficits in The United States

  Wed, 01 Oct 2003 00:00:00 GMT

  Article by Warwick J. McKibbin and Andrew Stoeckel (October 2003)

• Globalization and Disease: The Case of SARS

  Tue, 20 May 2003 00:00:00 GMT

  Paper by Jong-Wha Lee and Warwick J. McKibbin (5/20/03)

• Climate Change Policy after Kyoto : Blueprint for a Realistic Approach

  Wed, 18 Dec 2002 00:00:00 GMT

  
  In this controversial new book, Warwick J. McKibbin and Peter Wilcoxen argue that the current approach of international negotiations on the Kyoto Protocol is going completely in the wrong direction. They attempt to steer the policy debate toward a re

• Climate Change after Kyoto: A Blueprint for a Realistic Approach

  Fri, 01 Mar 2002 00:00:00 GMT

  Brookings Review article by Warwick McKibbin and Peter Wilcoxen (Spring 2002)

• Moving Beyond Kyoto

  Mon, 01 Oct 2001 00:00:00 GMT

  Policy Brief #66, by Warwick J. McKibbin (October 2000)

• The Next Step for US Climate Change Policy

  Tue, 26 Jun 2001 00:00:00 GMT

  Opinion by Warwick McKibbin, Non-Resident Senior Fellow, and Peter Wilcoxen, Non-Resident Senior Fellow, The Brookings Institution, June 26, 2001

• The Next Step for Climate Change Policy

  Tue, 01 Feb 2000 00:00:00 GMT

  Paper on Climate change by Warwick J. McKibbin and Peter J. Wilcoxen (02/2000)

• East Asia's Response to the Crisis: A Quantitative Analysis

  Wed, 01 Sep 1999 00:00:00 GMT

  Brookings Discussion Papers in International Economics, Number 149

• Permit Trading Under the Kyoto Protocol and Beyond

  Wed, 01 Sep 1999 00:00:00 GMT

  Brookings Discussion Papers in International Economics, Number 150

• Trade Liberalization in a Dynamic Setting: Implications of a New WTO Round

  Wed, 01 Sep 1999 00:00:00 GMT

  Brookings Discussion Papers in International Economics, Number 147

• Until We Know More About Global Warming, the Best Policy is a Highly Flexible One

  Fri, 02 Jul 1999 00:00:00 GMT

  Article by Warwick J. McKibbin and Peter J. Wilcoxen, Nonresident Senior Fellows, The Brookings Institution

• Forecasting the World Economy Using Dynamic Intertemporal General Equilibrium Multi-Country Models

  Mon, 01 Feb 1999 00:00:00 GMT

  Brookings Discussion Papers in International Economics

• Emissions Trading, Capital Flows and the Kyoto Protocol

  Mon, 01 Feb 1999 00:00:00 GMT

  Brookings Discussion Papers in International Economics, Number 144

• What to Expect from an International System of Tradable Permits for Carbon Emissions

  Mon, 01 Feb 1999 00:00:00 GMT

  Brookings Discussion Papers in International Economics, Number 143

• Macroeconomic Volatility in General Equilibrium

  Wed, 01 Jul 1998 00:00:00 GMT

  Brookings Discussion Papers in International Economics

• Some Experiments in Constructing a Hybrid Model for Macroeconomic Analysis

  Fri, 01 May 1998 00:00:00 GMT

  Brookings Discussion Papers in International Economics

• The Global Impacts of Trade and Financial Reform in China

  Sun, 01 Mar 1998 00:00:00 GMT

  Brookings Discussion Papers in International Economics

• The Crisis in Asia: An Empirical Assessment

  Thu, 01 Jan 1998 00:00:00 GMT

  Brookings Discussion Papers in International Economics

• Salvaging the Kyoto Climate Change Negotiations

  Sat, 01 Nov 1997 00:00:00 GMT

  Policy Brief #27, by Warwick J. McKibbin and Peter J. Wilcoxen (November 1997)

• Reducing Coal Subsidies and Trade Barriers: Their Contributions to Greenhouse Gas Abatement

  Sat, 01 Nov 1997 00:00:00 GMT

  Brookings Discussion Papers in International Economics

• Regional and Multilateral Trade Liberalization: The Effects on Trade, Investment and Welfare

  Mon, 01 Sep 1997 00:00:00 GMT

  Brookings Discussion Papers in International Economics

• A Better Way to Slow Global Climate Change

  Sun, 01 Jun 1997 00:00:00 GMT

  Policy Brief #17, by Warwick J. McKibbin and Peter J. Wilcoxen (June 1997)

• The Macroeconomic Experience of Japan Since 1990: An Empirical Investigation

  Sun, 01 Jun 1997 00:00:00 GMT

  Brookings Discussion Papers in International Economics

• The Transmission of Productivity and Investment Shocks in the Asia Pacific Region

  Sun, 01 Dec 1996 00:00:00 GMT

  Brookings Discussion Papers in International Economics

• Rapid Economic Growth in China: Implications for the World Economy

  Sun, 01 Dec 1996 00:00:00 GMT

  Brookings Discussion Papers in International Economics

• German Reunification: What Have We Learned from Multi-country Models?

  Mon, 01 Jul 1996 00:00:00 GMT

  Brookings Discussion Papers in International Economics

• Quantifying APEC Trade Liberalization: A Dynamic Analysis

  Fri, 01 Mar 1996 00:00:00 GMT

  Brookings Discussion Papers in International Economics

• The Theoretical and Empirical Structure of the G-Cubed Model

  Fri, 01 Dec 1995 00:00:00 GMT

  Brookings Discussion Papers in International Economics

• The Impact on the Asia-Pacific Region of Fiscal Policy in the United States and Japan

  Fri, 01 Dec 1995 00:00:00 GMT

  Paper by Warwick J. McKibbin and Tomas J. Bok

• Environmental Policy and International Trade

  Sun, 01 Oct 1995 00:00:00 GMT

  Discussion Papers in International Economics No. 117

• Economic Implications of Greenhouse Gas Policy

  Sun, 01 Oct 1995 00:00:00 GMT

  Brookings Discussion Papers in International Economics