In recent weeks, fears of a worldwide economic recession have become widespread because more and more symptoms appear that resemble those at the start of the great depression of 1929. However, wrong conclusions may be drawn from similar symptoms unless basic development trends as well as the...

Concrete steps aimed at combating global warming (or the "greenhouse effect") are intended to be decided at the United Nations Conference on Environment and Development, which is to be held in Rio de Janeiro in June 1992. So far, it has not proved possible to reach a consensus on several...

The first Conference of the Parties to the UN Framework Convention on Climate Change opened the path for a new policy instrument to mitigate anthropogenic climate change. It instituted a pilot phase for international emission offsets, "Joint Implementation", open for all signatories to the...