The continuously increasing energy intensity internationally is recognised as one ofthe greatest dangers the human race is facing nowadays with regards to futureclimate change and its detrimental consequences. Improving the intensity of energyconsumption is an important step towards decreasing...

The thesis comprises of six independent chapters with the common theme of financial repression and liberalization. Financial repression consists of the following three elements: First, the banking system is forced to hold government bonds and money through the imposition of high reserve and...