This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Regina Pleninger, Economist, World Bank Natural disasters have short- and long-term effects on the economy as well as people’s lives. For example, weather shocks and the resulting macroeconomic fluctuations cost the economy 0.3% of permanent consumption in New […]Here’s how natural disasters impact middle-class incomes
November 7, 2022 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Regina Pleninger, Economist, World Bank Natural disasters have short- and long-term effects on the economy as well as people’s lives. For example, weather shocks and the resulting macroeconomic fluctuations cost the economy 0.3% of permanent consumption in New […]
