We consider the cosmological implications of light travelling faster in the
early Universe. We propose a prescription for deriving corrections to the
cosmological evolution equations while the speed of light c is changing. We
then show how the horizon, flatness, and cosmological constant problems ma
y be solved. We also study cosmological perturbations in this scenario and
show how one may solve the homogeneity and isotropy problems. As it stands,
our scenario appears to most easily produce extreme homogeneity, requiring
structure to be produced in the standard big bang epoch. Producing signifi
cant perturbations during the earlier epoch would require a rather careful
design of the function c(t). The large entropy inside the horizon nowadays
can also be accounted for in this scenario. [S0556-2821(99)07802-9].