. In the longer run, however, a trade-off between diversification and climate action emerges. We derive the optimal carbon …

Because excessive specialization can be risky, diversification matters for sustainable development. A case study of … Madagascar, this paper begins by briefly discussing economic and institutional diversification and presenting a simple model of … production possibilities to illuminate the possible contribution of diversification to economic and social development in …

system. Given this backdrop, this study introduces a new measure of energy diversification. It explores its impact on … economic growth with increasing long-run energy diversification. However, some countries (OECD and G20) experience negative … economic growth due to energy diversification in the short term. The results also disclosed that energy diversification does …

. Based on an overinvestment framework, we show that in the prevailing asymmetric world monetary system, monetary policies of …

large parts of the world. In this paper we explore the financial and the trade channel in a unified framework and quantify …