Brookings: Experts - Warwick J. McKibbin

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