Climate impacts are intensifying, but knowledge of social impacts is limited. This DIIS Report documents novel findings of considerable social cohesion losses in highly vulnerable areas of the Sahel and West Africa affected by climate change, forced mobility and insecurity. It finds that social...

An important monetary transmission channel works through the impact of interest rate changes on non-financial firms' investment decisions. Higher monetary policy rates affect firms' investment decisions by raising the costs of external financing and lowering aggregate demand for goods and...