The nuclear meltdown in Fukushima has given renewed momentum to the anti-nuclear power movement across Europe. However, the degree of momentum varies greatly from country to country, and considering the geographically widespread consequences of a nuclear accident, it hardly appears optimal for...

This paper analyses the adjustment mechanism in the euro area prior to the crisis. Results show that the real exchange rate adjusted to redress cyclical divergences and that after monetary unification, real exchange rate dynamics became less reactive to country-specific shocks but also less...

Eco-labelling has become an increasingly popular instrument in recent years. Among the new developments which have been called for are that they should also be used as a means of encouraging developing countries to apply stricter environment policies. The following article investigates whether...

This study promotes the understanding of the link between development, environment and international economic relations. It suggests that the growth effects of environmental management may tend to serve as an equalizer, helping to redress the imbalance in real income levels between developed and...

The relatively new concept of debt-for-nature swaps is intended to take account of the connection between the indebtedness of developing countries and the destruction of the environment taking place there, the consequences of which are increasingly also perceived as a threat in the industrial...