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Key methodologies used for managing weather risks have relied on the assumption that climate is not changing and that the historic weather record is therefore representative of current risks. Anthropogenic climate change upends this assumption, effectively reducing the information available to...
Persistent link: https://www.econbiz.de/10014635647
This paper examines how physical climate exposure affects firm performance and global supply chains. We document that heat at supplier locations reduces the operating income of suppliers and their customers. Further, customers respond to perceived changes in suppliers’ exposure: when...
Persistent link: https://www.econbiz.de/10015046460
Climate change remains a global challenge requiring international collaborative action. Another area where countries have successfully committed to a long-term multilateral resolution is the liberalization of international trade. Integration into the world economy has proven a powerful means for...
Persistent link: https://www.econbiz.de/10014342930
For many Africans, water is not only the source of life, but also a means of purification and a centre of regeneration. Water rituals and cults, such as 'Mami Wata', lead their followers to liberation of body and spirit. But customary rites can also cause harm. For example, the ancestral use of...
Persistent link: https://www.econbiz.de/10015045119
Climate change and global politics pose potential threats to food security by impacting crop productivity and food availability. Short-term variability resulting from climate change and global politics may disrupt the stability of entire food systems. The regional implications of these factors...
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