According to the Fourth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) (Le Treut et al. 2007, 96), climate is defined as average weather over a period of time, ranging from months to millions of years. Climate is usually described in terms of the mean and variability...

Modeling the impacts of climate change presents a complex challenge arising from the wide-ranging processes underlying the working of markets, ecosystems, and human behavior. The analytical framework used in this monograph integrates modeling components that range from the macro to the micro to...

Spillovers from South Africa into the other members of the Souther Africa Customs Union (known as the BLNS for Botstwana, Lesotho, Namibia, and Swaziland) are substantial reflecting sizeable real and financial interlinkages. However, shocks to real GDP growth in South Africa do not seem to...

The Report by the Commission on the Measurement of Economic Performance and Social Progress (Stiglitz et al., 2009) published in September 2009 has brought back to the attention of policy makers and researchers that measuring a country’s development solely on the basis of GDP or GDP per capita...