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...

"Costa da Morte" is an area of Galicia geography where the tourism is still an incipient sector with very important problems for its development and establishment. Although it has a very valuable tourist potential, there are not any suitable infrastructures and a good tourist equipment, so the...

The purpose of this paper is to show how a better understanding of the role played by technology in the decision–making process of a business changes our conception of the nature of the firm. According to the role played by technology in decision–making, the author distinguishes five grades...

A central goal that has eluded most countries in sub-Saharan Africa is to effectively manage their natural resources, develop diversified and prosperous economies, and as a result, improve the standard of living of their citizens. This paper draws from the framework of diversification and...