📈 economics

India's Sugarflation Paradox: Production, Inventories, Ethanol, Global Prices and the Economics of the 2026 Sugar Shock

This paper analyzes India's 2026 sugar price surge using structural models to conclude that the volatility stems from a complex interplay of tighter future fundamentals, global price transmission, and inventory expectations rather than speculation alone, prompting a proposal for a new Sugar Pressure Index and dynamic remuneration framework to enhance policy coordination.

RONAK MEHTA, Garv Nijhara2026-09-01
📈 economics

Conditions and pathways for a climate club to reach an ambitious global treaty

Using an empirically calibrated agent-based model, this study demonstrates that a climate club initiated by major economies like the EU, China, or the US can expand into a global treaty if it implements sufficiently stringent border carbon tariffs and strategically allocates tariff revenues to mitigate trade retaliation and incentivize membership.

Pablo Núñez-Yebra, Jeroen van den Bergh, Ivan Savin, Jozsef Zsiros2026-09-01
📈 economics

Administrative Monopoly Regulation, Greenwashing and ESG Performance: Evidence from China Fair Competition Review System

This study demonstrates that China's Fair Competition Review System significantly enhances corporate ESG performance and reduces greenwashing by strengthening market competition, with these positive effects being particularly pronounced among state-owned enterprises and firms in monopolistic industries, ultimately leading to improved financing and market outcomes.

Hui Xie, Feifei Han, Daoping Jiang, Qi Dong2026-09-01
📈 economics

Li as an Endogenous Focal Point: Ritual Propriety and Coordination Equilibrium Selectionin Chinese Civilization

This paper employs a game-theoretic framework to demonstrate that Li (ritual propriety) in Chinese civilization functions as an endogenous focal point by systematically restricting the strategy space to eliminate non-compliant actions, thereby resolving coordination problems and selecting a unique equilibrium without relying on traditional payoff or risk dominance criteria.

MENGLIN NI, Chao Ma2026-09-01
📈 economics

Diversification Of Funding Sources and Multilevel Governance: What Levers for the Financial Resilience of Local Authorities in Cameroon?

This article argues that enhancing the financial resilience of Cameroonian local authorities requires a synergistic approach combining diversified funding sources—specifically through strengthened local taxation, optimized transfers, innovative mechanisms, and climate finance—with effective multilevel governance to ensure sustainable fiscal stability amidst economic and environmental pressures.

Hervé Nicanor ONDOUA, Bin Joachem MEH2026-08-31
📈 economics

Evaluation of the Demonstration and Leading Effects of Green Finance Policies and Promotion Strategies

Using panel data from 269 Chinese cities (2011–2023), this study demonstrates that green finance pilot policies not only boost local green finance but also significantly drive development in adjacent non-pilot cities through spillover effects, particularly in economically advanced, large, non-resource, and digitally developed regions, while highlighting the need for improved policy mechanisms to sustain these benefits.

Bo Jiang, Yingrui Ren, Shumin Wang, Yamei Wang, Liping Lan2026-08-31