The European Union Green Deal and Global Trade: A Constructivist Perspective on Sustainability Norms
The European Union’s Green Deal (EGD) represents a comprehensive policy initiative targeting climate
neutrality by 2050, and its influence is already permeating global trade dynamics. This research examines
the EGD as a paradigm-shifting,…
The finite nature of certain fossil fuels, which are essential inputs in production, imposes a substantial constraint on the economy's long-term growth potential. This paper develops an endogenous directed technical change model under uncertainty…