(Wednesday, 22nd May 2019)
Title : How climate change affects GDP -- productivity, conflict, and other channels
(Thursday, 23rd May 2019)
Title : Institutional arrangements to manage the environment
The lecture will cover the theory and evidence relating to the decentralized management of local common property resources, and the factors determining whether decentralization takes place. We will examine the reasons for the failure of public provision of environmental goods in developing countries, such as clean water supplies for cities. This relates to the larger issue of under-provision of public goods in developing countries.