This paper addresses the topic of cyclicality and discretion in Irish fiscal policy. In particular, we show that the level and nature of cyclicality varies across different expenditure components and we introduce a new definition of feasible discretion to take account of political imperatives in...

The study concerns an important specialized wheatgrowing area of Western Victoria, located approximately 200 miles northwest of Melbourne. Linear programming was used to examine the effect of changes in enterprise mix and resource combination on farm income. The adoption of uncommon enterprises,...

There is a limit to the quantity of greenhouse gases that may be emitted to the atmosphere if catastrophic climate change is to be avoided. There is a global carbon budget that should not be exceeded by 2050. The practical implication is that most of the world’s fossil fuel inventory must...

Climate Change and Growth in Asia is a comprehensive analysis of the major issues of climate change and global warming and their possible impacts on the growth of major Asian economies. The book addresses the climate change crisis in Asia within the context of three major challenges to growth:...

The carbon emissions of Australia’s future energy consumption are compared with the emissions targets implied by the cuts in carbon emissions committed to by the Australian government for 2020 and 2050. Analysis shows that even the seemingly modest cut of 5% of carbon emissions by 2020...

Trends in natural resource exploitation and consumption patterns have increased the need for resource conservation and pollution control in the South Pacific. The need for greater government resources, implied by the intensification of environmental management, has coincided with budgetary...

The paper highlights the challenges faced by parties to the Commission for the Conservation of Southern Bluefin Tuna (SBT). The parent stock of SBT is at historically very low levels and the probability of stock recovery under present catch quota levels is also low. Seabird kill associated with...

South Pacific tuna is worth some $US1.5 billion and the economic future of many Pacific islands is dependent upon the conservation of the region's tuna stocks. The entry into force of UNCLOS in 1994 and the Implementing Agreement of 1995 have focussed attention on the management of South Pacific...

The industrial fisheries of Fiji have had mixed fortunes. The fresh fish export industry has grown rapidly in importance so that fisheries is now the third most valuable export industry; its positive effect on the economy is mainly in the increase in the purchase of goods and services, such as...