01942cas a2200253 a 4500 AALejournalIMF013229 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475552942 1018-5941 BD-DhAAL BD-DhAAL Keen, Michael. Coordinating Climate and Trade Policies : Pareto Efficiency and the Role of Border Tax Adjustments / Michael Keen, Christos Kotsogiannis. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (26 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper explores the role of trade instruments in globally efficient climate policies, focusing on the central issue of whether some form of border tax adjustment (BTA) is warranted when carbon prices differ internationally. It shows that tariff policy has a role in easing cross-country distributional concerns that can make non-uniform carbon pricing efficient and, more particularly, that Pareto-efficiency requires a form of BTA when carbon taxes in some countries are constrained, a special case being identified in which this has the simple structure envisaged in practical policy discusions. It also stresses-a point that has been overlooked in the policy debate-that the efficiency case for BTA depends critically on whether climate policies are pursued by carbon taxation or by cap-and-trade. Mode of access: Internet Kotsogiannis, Christos. IMF Working Papers; Working Paper ; No. 2012/289 Full text available on IMF http://elibrary.imf.org/view/journals/001/2012/289/001.2012.issue-289-en.xml IMF e-Library