This paper sets up an input-output system of the relevant ecosystem flows that determine the carbon cycle in the global ecosystem. Introducing energy as the value added component in the ecosystem, the flows can be expressed in "energy values". Linking the ecosystem input-output model with the...

This paper assesses whether or to what extent the macroeconomic imbalances, which emerged in the "North" and "South" of the European Monetary Union before the financial and economic crisis of 2008/09, are symmetric. First, we show that the imbalances stemmed from different growth patterns and...