The paper formalizes and tests the hypothesis that greater exposure to big shocks induces stronger societal responses for adaptation and protection from future big shocks. Support for this hypothesis is found in various strands of the literature and in new empirical tests using cross-country...

In 1992, the international regime 'Agenda 21' was agreed upon. Accordingly, countries worldwide have been undergoing reforms in their water management into Integrated Water Resources Management (IWRM). The implementation is promoted by international actors. The main institutional aspects of IWRM...