Note: The following is a description of the paper and not the actual abstract as it appeared in the print journal. I study the pollution control problem faced by an imperfectly informed supra-national governmental authority (SNGA) that wants to design an international environmental agreement...

In the 1992 Rio Earth Summit, developing countries (DC's) were adamant that in order to protect the environment for the future, new institutions were needed which would channel resources from the wealthy developed countries to the poor DC's. With this backdrop, I analyze the problem faced by an...

I construct a dynamic model of the environmental policy formulation process in a stylized developing country (DC). Next, I analyze the employment and output effects of three pollution control policies. These policies embody different assumptions about the DC government's ability to commit to its...

We study the task faced by an asymmetrically informed supra-national governmental authority (SNGA) with limited funds that wishes to design an international environmental agreement (IEA) for less developed countries (LDCs). The SNGA can't contract directly with polluting firms in the various...