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Hirofumi Uzawa's theoretical framework tackles critical challenges related to global warming and environmental hazards. It explores phenomena with externalities, emphasizes the importance of international and intergenerational equity and justice, and addresses the management of vital natural resources like the atmosphere, oceans, and soil. The framework advocates for consensus among affected countries, highlighting the interconnectedness of global environmental issues and the need for collaborative solutions.
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Economic Theory and Global Warming, Hirofumi Uzawa
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- 2018
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