In the October issue of INTERECONOMICS the author already published an article on "Environmental issues and the Developing Economies". The present continuation deals with the effects which the adoption of environmental controls in the developed countries may have on the developing economies.

Industry, and in particular the energy-intensive extraction and production of basic materials such as chemicals, cement, steel, non-ferrous metals, ceramics, and so on, is responsible for approximately 50% of global greenhouse gas emissions. If EU industry makes a successful low-carbon...

Against the background of the present financial crisis Otmar Issing and Jan Krahnen, members of the expert commission advising the German government on issues relating to financial crisis prevention, have suggested the creation of a "global risk map" to be enhanced by a global credit register....