The economic downturn which had begun in the rich countries of the North is hurting the millions of innocent people of the developing South. While a large section of economist believe that the financial crisis that had began in America's sub-prime mortgage market, later snow balled into a global...

This study attempts to analyze the significance of the three consecutive Nobel Peace Prizes, announced after the Kyoto Protocol came into force in February 2005, in establishing a complex system of emission economics which is reorganizing the globe into blue and green zones. The paper concludes...

The debate on allowing foreign direct investment (FDI) in India’s retail trade primarily focuses on two issues – employment and consumer welfare. Supporters of this move have developed consumer centric arguments while the opponents are more concerned with its adverse impact on employment....

Water scarcity has emerged as one of the major economic and environmental issues of this century. The Earth Summit (Rio 20) Document ‘The Future We Want’ (June 2012) has advised each participant country to consider the implementation of green economy policies in the context of sustainable...

The actual potential of Mode-4 could not be exploited for the benefit of developing countries that enjoy comparative advantage in this mode over others. The developed countries have offered almost nothing in the Mode-4 negotiation despite liberalizing labor mobility via other mechanisms. So far,...

EU and USA have taken two distinct approaches to tackle the climate issue and seize the advantages of the new business opportunities it has offered by creating a new economic space. While EU tried to address the cause of global warming by promoting clean technology, as a late entrant to this...