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Given that China is already the world’s largest carbon emitter and its emissions continue to rise rapidly in line with … its industrialization and urbanization, there is no disagreement that China eventually needs to take on binding greenhouse … gas emissions caps. However, the key challenges are when that would occur and what credible interim targets China would …
Persistent link: https://www.econbiz.de/10005025683
In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
Persistent link: https://www.econbiz.de/10008596380
In March 2005, riots erupted in South Korea against Japan for claiming sovereignty over some rocky uninhabited islets (0.23 km2). Five weeks earlier, riots did not erupt in South Korea when North Korea proved that it has nuclear weapons. How can we explain moral outrage in one case, when the...
Persistent link: https://www.econbiz.de/10005837321
China has been the world’s second largest carbon emitter for years. Recent studies show that China had overtaken the U ….S. as the world’s largest emitter in 2007. This has put China on the spotlight, just at a time when the world community … starts negotiating a post-Kyoto climate regime under the Bali Roadmap. China seems to become such a Christmas tree on which …
Persistent link: https://www.econbiz.de/10005622201
Maintaining today’s global imbalances would help to overcome the major disproportion of our times – income gap between developed and developing countries. This gap was widening for 500 years and only now, in the recent 50 years, there are some signs that this gap is starting to decrease. The...
Persistent link: https://www.econbiz.de/10008805852