The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...

Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A `fear of floating' gave reduced flexibility when the crisis subsided, but flexibility after the crisis was...

Agency-based explanations of the great deprivation, contrasted with structure-based explanations, suffer not merely from the criticism of relying on irrational and irresponsible behavior of millions, including that of the most astute financial experts, but are also at a loss to explain why such...

Taiwan ranks 22nd worldwide in greenhouse gas emissions. One-third of these emissions come from the city of Kaohsiung, Taiwan. To mitigate global warming, the Taiwanese government and non-governmental organizations (NGOs) of environmental protection have promoted a series of energy conservation...

To avoid dangerous changes to the climate system, the global mean temperature must not rise more than 2 °C from the 19th century level. The German Advisory Council on Global Change recommends maintaining the rate of change in temperature to within 0.2 °C per decade. This paper supposes that...

The inter-annual variation and linear trends of the surface air temperature in the regions in and around the Bay of Bengal have been studied using the time series data of monthly and annual mean temperature for 20–40 years period within 1951–1990. The study area extends from Pusma Camp of...