Nowadays, it is acknowledged that climatic changes represent a serious threat for the environment and, so, this problem has been approached at numerous conferences, conventions and summits. The climate is strongly influenced by the changes in the atmospheric concentrations of certain gases that...

The issue of climate change has attracted increasing business attention in the past decade. Whereas companies initially aimed primarily at influencing the policy debate, corporate strategies increasingly include economic responses. Existing classifications for climate change strategies however...

Abstract What do climate change, global financial crises, pandemics, and fragility and conflict have in common? They are all examples of global risks that can cross geographical and generational boundaries and whose mismanagement can reverse gains in development and jeopardize the well-being of...

Tourism is very sensitive to events that could trouble what is normal from a natural, economic, political and social point of view in the tourists’ countries, in the countries they visit, and in the countries of transit. Consequently, the economic crises, the military, social or ethnical...

Tuvalu is one of the smallest and most isolated countries in the world. With a population of some 11,000 people living on 26 square kilometers, Tuvalu is more than 3,000 kilometers away from its nearest major external market (New Zealand). The country faces tremendous challenges stemming from...

This Selected Issues paper examines how surges in global financial market volatility spill over to emerging market economies (EMs) including India. The results suggest that a surge in global financial market volatility is transmitted very strongly to key macroeconomic and financial variables of...

Bangladesh’s second Poverty Reduction Strategy Paper -- “Steps Towards Change: National Strategy for Accelerated Poverty Reduction II (NSAPR II)†– provides a framework for implementing the government’s agenda during FY09-FY11. First prepared by a Caretaker...

This Selected Issues paper focuses on recent developments with Kiribati’s Revenue Equalization Reserve Fund (RERF). The paper also examines fiscal aspects of climate change, and considers options for improving fishing license fees, which remain an important source of revenue. It also...

Public good conservation is an increasingly important economic issue. This article examines the importance of public good conservation, how environmental benefits can be delivered at least cost, and how costs can be distributed in an equitable manner.