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The paper characterizes the cumulative impact of the pandemic and drought on the main economic sectors of the Republic … decrease of GAV on the respective activities by 26.4%. Following the drought impact, the second consecutive year, the share of … is also explained by the impact of the drought, which contributes to the increase in the price of raw materials for the …
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Climate-related natural disaster shocks are expected to rise as the earth is getting warmer, which will adversely affect growth prospects globally. Current robust estimates of the effects of typhoons and droughts point to both short- and long-term declines in national incomes compared to...
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