World Capital Forum. Com is The Strategic Think Tank on World Economics & Financial Management, Research and Development and representing Specialist Banking & Management Associates as Executive Advisory Services Company promoting world cognition through highlighting future challenges, scientific / applied research and inter- disciplinary exchange of ideas and thoughts for professionals in advanced learning and thinking organizations seeking new opportunities to improve human conditions and economic efficiencies, awareness and incentives for challenging new and critical Thinking, Learning and Discussions on the Future Development of the World Society inspired by liberal, creative and imaginative Thoughts, Ideas and Strategies to enhance Enlightenment and Life Quality. Global business operations as well as the implementation of business policies are directed on opportunities and minimizing threats and risk factors. Countries, regions and locations are changing their economic and political structures, functions and processes, hence their strategic meaning within the globalization process, the world economy, the regional and local markets. Climate Economics deals with economic aspects of climate-related issues. These include socio-economic impacts of climate variability, change and extremes. While societies today are paying most attention to the impacts of extreme meteorological events such as droughts, floods, fires and global warming, there are many important economic issues in need of attention related to seasonal and interannual climate variability and changes in seasonality. Climate change and climate variability have a type of "domino effect" that makes its way through the agricultural sector. As the agricultural resources are changed, production must incur some adjustments which then alters the economics. Due to this "trickle down" nature it is important to first understand the impacts on the land and water resources and their impact on production and finally it is possible to begin looking at the effect of economics. At this time concentration is focused on better understanding the impacts of climate variability and change on the resources and production. It can be seen, however, that the agricultural economics change in two main ways. As the resources change, policies may change that could effect the operational costs such as an increase in cost of irrigation permits, increase in gasoline prices and so forth. In addition, a decrease in agricultural resources could result in a change in production as well as facilitate changes in management practices that drastically alter production costs. Before any speculations can be made, a thorough understanding of the impacts climate change and variability have on the natural resources and production must be understood. (www.rwic.und.edu/climate/economics.html)

_____________________________________________________________________________ MISSION Shaping the World, where Intellectual Strength and Human Quality, Asset and Value Creation, and Achievements are Ultimate Goals of an Open Mind capitalizing on Imaginative Thinking and Methods, Knowledge and Leadership for meeting Clients’ Financial Target, and leveraging Visions and enlightening Ideas towards a World as yielding Market Place enhancing human conditions and live quality. _____________________________________________________________________________ (C) World Capital Forum . Com 1999 - 2007. Dr. Thomas C. Heynen, Chairman & Executive Director. All Rights Reserved. | management@worldcapitalforum.com | wcfdotcom@yahoo.com | mobile Asia +66.81.928.7721 | mobile Europe +49.162.183.1801 | Skype ID drheynen | VoipstuntID villafox2005 | _____________________________________________________________________________