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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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There are arguably few topics in current global economic policy as intensely debated as the impact of different facets of globalization on human development. Given that the concept of globalization reflects a multitude of economic and societal transformations, the scope of these discussions...
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on a panel of 153 countries over the period of 1960 to 2002 and employing a truly exogenous drought indicator derived …
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