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Debt Sustainability and Intertemporal Budget Constraints: Development Traps in Belt and Road Financing

BRI loans test intertemporal budget constraints, risking debt traps when growth and tradable returns fall short....
4 min read
Definitions

Carbon_tax

Saddique Ansari • January 28, 2020 • 1 min read

Author bio

What is a carbon tax?

A carbon tax is a tax on carbon emissions, and is a type of pollution tax used to cut C02 emissions and provide an incentive to switch to cleaner energy.

More on carbon and pollution


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Carbon_offsetting

5 Stacks of pennies and other coins in ascending order from left to right.

Credit Rationing and Information Asymmetry: The Economics Behind Online Micro-Loans

Credit rationing and asymmetric info explain why high-risk micro-loans exist and carry high rates....
4 min read

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