In response to recent comments by US economist Paul Krugman, Karlsson clarifies and explains the concept of labor mobility, along with its potential for lowering unemployment rates across the eurozone region.
As the world continues to seek out new energy sources, the Arctic Ocean is becoming a hot bed of activity. The US must ratify the UN Convention on the Law of the Sea in order to secure exclusivity rights to the lucrative area.
Where drilling used to be in established areas, like Texas, Saudi Arabia, and Russia, it is now moving offshore, leaving some to wonder whether the institutional capacities of these countries and regions are sufficient to avoid the resource curse.
As 'Elders,' even our optimism is being seriously tested by the lack of urgency about the Rio+20 summit on sustainable development in June. To succeed, the summit must start by setting goals, just as the UN did with its 'Millennium Development Goals' – with some targets now being met.