Publication

Switzerland: Economic aspects of a transition to a 1.5°C world

Philippe Thalmann
2019
Poster talk
Abstract

The questions we are asked relating to climate policy Our workhorse: GEMINI-E3 Some results of our research

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Third World
The term "Third World" arose during the Cold War and it was used to define countries that remained non-aligned with either NATO or the Warsaw Pact. The United States, Canada, Japan, South Korea, Taiwan, Western European nations and their allies represented the "First World", while the Soviet Union, China, Cuba, North Korea, Vietnam and their allies represented the "Second World". This terminology provided a way of broadly categorizing the nations of the Earth into three groups based on political divisions.
Transition economy
A transition economy or transitional economy is an economy which is changing from a centrally planned economy to a market economy. Transition economies undergo a set of structural transformations intended to develop market-based institutions. These include economic liberalization, where prices are set by market forces rather than by a central planning organization.
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation for multinational companies based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies – typically global enterprises with more than US$5 billion in turnover – as well as public subsidies, views its own mission as "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas".
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