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The ratings agency suggested that the economy will likely get worse before it gets better and that the debt to GDP ratio will continue to creep up if there is no growth in the next two to three years. Some recent top-down studies based on observations showed CH4 emissions in California's South Coast Air Basin (SoCAB) were greater than those expected from population-apportioned bottom-up state inventories. Moreover, implementation of the remaining steps in upgrading the tax transparency regulations Luxembourg has committed to can increase incentives for banks to further refine their business models, benefitting Luxembourg’s financial sector in the medium term.

Pages: 208

Publisher: Wiley-Blackwell; 1 edition (December 10, 2004)

ISBN: 140512461X

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