Uncertainty in times of ecological crisis: a Knightian tale of how to face future states of the world

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Version: Final published version
License: CC BY-NC 4.0
Serval ID
serval:BIB_425E9A4AA153
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
Uncertainty in times of ecological crisis: a Knightian tale of how to face future states of the world
Journal
European Journal of International Relations
Author(s)
Maechler Sylvain, Graz Jean-Christophe
ISSN
1354-0661
1460-3713
Publication state
Published
Issued date
22/01/2024
Peer-reviewed
Oui
Language
english
Abstract
How do we face uncertainty in times of crisis? Debates in International Relations often struggle to disentangle the processes involved in turning the uncertainty of a crisis into decisions and actions. Drawing on the analysis of Frank H. Knight, we argue that decisions and actions taken by international actors in times of crisis are underpinned by the way that information is accessed, interpreted, and evaluated in order to claim reliable knowledge for shaping future states of the world. We illustrate our argument with the global politics of the ecological crisis and three contrasting methods used by international actors to convert the time of the crisis into decisions and actions: United Nations agencies, financial accounting standard setters and central banks.
Keywords
Political Science and International Relations, Sociology and Political Science, Crisis, Environment, International Political Economy, International Relations, Risk, Uncertainty
Web of science
Open Access
Yes
Create date
31/01/2024 0:29
Last modification date
31/01/2024 8:29
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