Will Rio stick: barriers to global cooperation on CO2 abatement?
A commitment was made after the Rio Earth Summit to control levels of emissions of carbon dioxide and for developed countries to achieve a 20% cut from levels recorded in 1990 by 2005. There is concern over this impact that this could have on competitiveness and that production and wealth could be transferred to countries which are not included in this commitment. There are likely to be changes in patterns of trade and there is a need for producer taxes applied to energy which would help stabilize emissions in developing countries.
Publication Name: Economic Outlook
A global outlook
Diversified Resources Bhd (DRB), Malaysia's largest automotive conglomerate, believes restructuring is the key ot impacting home and overseas markets. DRB acquired Hicom Group in 1996 and plans to compete globally, to spearhead the industrialization program in Malaysia and expects double digit growth in the next five years beginning in 1997.
Publication Name: Asian Review of Business and Technology
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