This paper analyzes the link between joining global value chains (GVCs) and firms’ environmental performance. Based on new survey data for firms in countries in Central Asia, Eastern Europe, and MENA, we use propensity score matching (PSM) to compare similar companies that differ in terms of GVC participation. Our results show that firms that enter GVCs perform better across several environmental indicators.

The Global Priorities Institute at Oxford University, inspired by the effective altruism movement, has created a research agenda to prioritize the research that has the potential to do the most good over the long term (https://globalprioritiesinstitute.org/wp-content/uploads/gpi-researchag…). Similarly, our project seeks to identify Legal Research Priorities in concrete fields of law and regarding concrete issues in each field, based on objective criteria.

The contribution of the tourism sector towards the development of host nations is undeniable in that it provides several benefits such as creation of employment, generation of added value and tax revenue, and boosting of inward foreign direct investment. Yet, tourism does also have negative environmental, economic and socio-cultural effects and it is also true that tourism can have a negative impact on the physical environment, economic, and socio-cultural landscape of host nations. This is particularly true for the case of SIDS.

This book explores the ways to 'rethink', 'repackage' and 'rescue' world trade law in the post-COVID-19 era. Using the COVID-19 pandemic as an important context, the book makes original and critical contributions to the growing debate over a range of emerging challenges and systemic issues that might change the landscape of world trade law in the years to come. The book asks: do these unprecedented times and challenges call for reengineering the world trading system and a further retreat from trade liberalisation?

The paper investigates the relationship between carbon emissions, environmental provisions in Regional Trade Agreements (RTAs) and Global Value Chains (GVCs) using a panel data gravity model for the Middle East and North Africa (MENA) region over the period 1990-2015. We find that RTAs have a positive effect on carbon emissions. However, good institutional quality in MENA region decreases carbon footprint. Participation of MENA countries in GVCs rises environmental degradation in upstream Low-Tech Manufacturing (LTM) sectors and downstream High-Tech Manufacturing (HTM) and Primary sectors.

We examine the financial risk management of the climate crisis from three perspectives. First, we assess the serious risks from climate change. The ecological and financial consequences of climate change depend on the future path of emissions, as well as the specific circumstances of specific countries and populations. Second, we assess the previous success of market solutions through pricing sulfur and carbon dioxide emissions.