This paper considers and assesses the concept of social externalities through humaninterdependence, in relation to the economic analysis of externalities in the tradition of Pigou andArrow, including the analysis of the commons. It argues that there are limits to economic analysis. Our proposal...

People in developing countries—particularly the agricultural poor—face a host of risks to their lives and livelihoods, including those stemming from globalization, climate change, and weather shocks. These experiences highlight the importance of social protection, which can have a...