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This paper seeks to establish a framework for studying real estate futures. In doing so, it explores the general climate of change within which property decisions will have to be made, and examines the specific real estate opportunities that might emerge as a result of that change. For the purpose of appraisal, the forces of change are grouped into six sectors - cultural, demographic, economic, environmental, governmental and technological. Property perspectives are then portrayed for each of these sectors, and some conclusions drawn regarding the likely directions of change in the fields of real estate investment, development and management. Above all, the paper aims to provoke thought and provide a means for identifying and evaluating the forces of change as they affect decision making in the real estate industry.

This review article addresses the question: What lessons can we learn from work published in International Environmental Agreements: Politics, Law and Economics regarding the politics of multilateral environmental agreements? What are the implications of these lessons for those responsible for creating and administering these agreements? Based on an analysis of 147 articles published over the past 20 years, the article explores issues of institutional design, institutional politics, implementation, and effectiveness. It concludes that key conditions for success in this realm include: (a) developing a toolkit that is not limited to rules-based governance, (b) paying attention to matters of implementation, (c) bearing in mind the overall regime complex, (d) developing effective leadership based on credibility and accountability, and (e) allowing for institutional adaptation.

AbstractThis review article addresses the question: What lessons can we learn from work published in International Environmental Agreements: Politics, Law and Economics regarding the politics of multilateral environmental agreements? What are the implications of these lessons for those responsible for creating and administering these agreements? Based on an analysis of 147 articles published over the past 20 years, the article explores issues of institutional design, institutional politics, implementation, and effectiveness. It concludes that key conditions for success in this realm include: (a) developing a toolkit that is not limited to rules-based governance, (b) paying attention to matters of implementation, (c) bearing in mind the overall regime complex, (d) developing effective leadership based on credibility and accountability, and (e) allowing for institutional adaptation.

This review article addresses the question: What lessons can we learn from work published in International Environmental Agreements: Politics, Law and Economics regarding the politics of multilateral environmental agreements? What are the implications of these lessons for those responsible for creating and administering these agreements? Based on an analysis of 147 articles published over the past 20 years, the article explores issues of institutional design, institutional politics, implementation, and effectiveness. It concludes that key conditions for success in this realm include: (a) developing a toolkit that is not limited to rules-based governance, (b) paying attention to matters of implementation, (c) bearing in mind the overall regime complex, (d) developing effective leadership based on credibility and accountability, and (e) allowing for institutional adaptation.