2005 United Nations Climate Change Conference was one of Canada's largest international events ever and the largest gathering in Montreal since Expo 67. The Montreal Action Plan was an agreement to "extend the life of the Kyoto Protocol beyond its 2012 expiration date and negotiate deeper cuts in greenhouse-gas emissions" by starting negotiations, without delay on an extension of the protocol. Canada's environment minister, at the time, Stéphane Dion, said the agreement provides a "map for the future". 2005 United Nations Climate Change Conference The 2005 United Nations Climate Change Conference took place between November 28 and December 9, 2005, in Montreal, Quebec, Canada. The conference
Capital flows in Japan but had returned to 11.8% in 1990. Capital flows in Japan Capital began to flow in and out of Japan following the Meiji Restoration of 1868, but policy restricted loans from overseas. In the aftermath of World War II, Japan was a debtor nation until the mid-1960s. Subsequently, capital controls were progressively removed, in part as a result of agreements with the United States. This process led to rapid expansion of capital flows during the 1970s and especially the 1980s, when Japan became a creditor nation and the largest net investor in the world. This credit position resulted both from