Climate change mitigation climate change are more damaging in poor nations, where infrastructures are weak and few social services exist. The Commitment to Development Index is one attempt to analyze rich country policies taken to reduce their disproportionate use of the global commons. Countries do well if their greenhouse gas emissions are falling, if their gas taxes are high, if they do not subsidize the fishing industry, if they have a low fossil fuel rate per capita, and if they control imports of illegally cut tropical timber. The main current international agreement on combating climate change is the Kyoto Protocol. On the 11th
Capital flows in Japan tight controls over both inflow and outflow of capital. As part of these controls, for example, government severely restricted foreign direct investment in Japan, but it encouraged licensing agreements with foreign firms to obtain access to their technology. As Japan's current account position strengthened in the 1960s, however, the nation came under increasing pressure to liberalise its tight controls. When Japan became a member of the OECD in 1966, it agreed to liberalise its capital markets. This process began in 1967 and continues. Decontrol of international capital flows was aided in 1980, when the new Foreign Exchange and Foreign Control