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...

Economics has a key role to play for understanding vulnerability and adaptation to climate change. However, economic approaches to climate adaptation are rarely articulated and discussed at a framework level. This article first reviews and critically assesses welfare economics approaches to...

Adaptation to the consequences of climate change has attracted increasing interest as a necessary complement to greenhouse gas mitigation. Economic approaches to climate adaptation are rarely articulated and discussed explicitly despite many benefits of such a framework-level discourse....

Recently, many geoscientists have re-conceptualized and re-labelled our current Holocene Era as “the Anthropocene,” a less stable era with biophysical characteristics and processes strongly influenced by human activity. Yet much of the contemporary research done in organizations and the...

Institutions are one of the decisive factors for climate adaptation. Nevertheless, current understanding of the institutions-adaptation-nexus is fragmented across the scientific community; is often theoretically ad-hoc or eclectic and at times contradictory. Moreover, knowledge claims are...