Feeling The Heat: Financial Crises And Their Impact On Global Climate Change
This interdisciplinary paper uses world-systems analysis as a theoretical framework to argue that both the 1870s, 1930’s economic depressions reduced mean global temperatures. As global consumer demand fell, factories worldwide began producing less commodities and, as a result, emitted less greenhouse gasses. We find that in both instances there is evidence to support the hypothesis that financial crises lead to cooler temperatures.
Volume (Year): 4 (2010)
Issue (Month): 1 (February)
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- Solomou,Solomos, 1990. "Phases of Economic Growth, 1850–1973," Cambridge Books, Cambridge University Press, number 9780521389044, November.
- Robert T. Deacon & Catherine S. Norman, 2006.
"Does the Environmental Kuznets Curve Describe How Individual Countries Behave?,"
University of Wisconsin Press, vol. 82(2), pages 291-315.
- Deacon, Robert & Norman, Catherine S, 2004. "Does the Environmental Kuznets Curve Describe How Individual Countries Behave?," University of California at Santa Barbara, Economics Working Paper Series qt6gm8164w, Department of Economics, UC Santa Barbara.
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