Emerging markets have been out of the news for almost two decades. They fared better than advanced economies during the Great Financial Crisis and benefited from the increased global liquidity in its aftermath. This fortunate constellation of events seems to be coming to an end and there are...

In addition to mitigating climate change, adapting to its consequences will be an important challenge in the future. Priorities must be set when implementing adaptation measures, as societies are unable to implement all desirable measures at once due to scarce resources. Techniques that help to...