Recent production and consumption activities impose a heavy burden on the Earth's current and future capacity. Therefore, it is inevitable to deal with the impacts of the economic activities on the natural resources which determine our future well-being and the survival by itself. The indicators...

Climate change is a significant threat to sustainable development (SD). Using the Log-Mean Divisia Index Method (LMDI) a decomposition of the data on the greenhouse gas (GHG) emissions in the European Union (EU) in 2000-2013 is carried out. To detect if decoupling of the environmental variable...

There is a lot of effort to create new monetary unions in the world. This paper focuses on the cooperation in the monetary field with a view to a possible monetary union of Gulf Cooperation Council. Some existing and proposed monetary unions are discussed in the paper. The focus is especially on...

Assuming the validity of the endogeneity hypothesis of the Optimum Currency Area (OCA) theory, with the deepening integration of countries, where so far the highest stage in the EU is the economic and monetary union, the synchronization of business cycles should increase and the frequency of...