Climate, Trade and Water: A ‘Grand Coalition’?

28 Pages Posted: 20 Dec 2011

See all articles by Patrick A. Messerlin

Patrick A. Messerlin

Groupe d'Economie Mondiale at Sciences Po (GEM Paris)

Date Written: November 2011

Abstract

The paper argues first that the climate, trade and water communities should leave aside their prejudices, and it provides clear evidence that the three communities confront the same vested interests when trying to solve their common problem of free riding. Then, it argues that such strong similarities speak in favour of ‘sister’ world regimes in these three domains. These sister regimes should first share the key principles of non‐discrimination (national treatment (NT) and most favoured nation) embodied in the WTO. Second, by contrast, the climate and water communities should review the other WTO rules to adapt them to their specific demands when needed. Interestingly, when doing so, these two communities may provide much needed inspiration for improving some rules of the current trade regime. Finally, the climate and water regimes may also adopt provisions on pricing that are not needed by the trade regime, which deals mostly with well functioning markets.

Suggested Citation

Messerlin, Patrick A., Climate, Trade and Water: A ‘Grand Coalition’? (November 2011). The World Economy, Vol. 34, Issue 11, pp. 1883-1910, 2011, Available at SSRN: https://ssrn.com/abstract=1974825 or http://dx.doi.org/10.1111/j.1467-9701.2011.01419.x

Patrick A. Messerlin (Contact Author)

Groupe d'Economie Mondiale at Sciences Po (GEM Paris) ( email )

197 Boulevard Saint Germain
197 Bd St Germain Paris 75007, 75007
France

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
4
Abstract Views
304
PlumX Metrics