This paper examines future economic damages from tropical cyclones under a range of assumptions about societal change, climate change and the relationship of climate change to damage in 2050. It finds in all cases that efforts to reduce vulnerability to losses, often called climate adaptation, have far greater potential effectiveness to reduce damage related to tropical cyclones than efforts to...

There is widespread consensus among economists that institutions matter for economic development or stagnation. A large literature indicates that wealthy countries are those where property rights are clearly defined and protected, the rule of law is established and enforced, citizens have political and civil liberties, and policymakers adopt sound monetary and fiscal policies.1 Poor countries t...

in the recent economic literature, an important finding is the causal relationship between financial development and economic growth. before the 1970s, the most of economists believed that economic growth could be reached only by accumulation of physical capital. in the 1970s and after the pioneering works of mckinon (1973) and shaw (1973), this orthodox view was criticized by a vast amount of ...

Just as for people, a new year is a good time for a journal to stop, look back, and start a new beginning, hoping for a good season ahead. This is what we have been doing each year in the Croatian Medical Journal for the last twenty years. We will probably never stop doing this, even when we become an august journal, because the world of scientific publishing rapidly changes. This year, we pres...

The journals of the International Union of Crystallography have grown in size and number over the past 60 years to match developments in scientific practice and technique. High quality of publication has always been at the forefront of editorial policy and ways in which this has been achieved are described. In particular, the development of standard exchange and archive formats for crystallogra...

We introduce here the inaugural issue of the new scientific journal Translation. The overarching aim of this endeavor is to establish a new forum for a broad spectrum of research in the area of protein synthesis in living systems ranging from structural biochemical, evolutionary and regulatory aspects of translation to the fundamental questions related to post-translational control of somatic p...

This conference emphasizes the last of these roles, reflecting developments in economic theory and concerns over recent macroeconomic performance, notably in the United States. But in considering the design of investment policies to promote growth, and evaluating policies that have been tried in the past, it is helpful to keep investment's other "roles" in view. Policies alleged to promote grow...

Information and communication technology (ICT) is a principal driver of economic development and social change, worldwide. In many countries, the need for economic and social development is used to justify investments in educational reform and in educational ICT. Yet the connections between national development goals and ICT-based education reform are often more rhetorical than programmatic. Th...