By Charlotte Benson, Edward J. Clay
Little attempt has been made to investigate the nonagricultural or economywide macroneconomic impression of droughts in Sub-Saharan Africa. with the intention to fill the distance, this paper experiences the findings of an exploratory learn of the topic. It offers insights into the effect of drought in Sub-Saharan Africa long ago and indicates coverage strategies for facing destiny droughts.
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Extra resources for The impact of drought on Sub-Saharan African economies: a preliminary examination, Volumes 23-401
Example text
Commodity and factor markets may be incomplete and poorly integrated, at least at a national level. These characteristics may be further exaggerated where conflict results in a disarticulation or loss of economic complexity in both the real and monetary systems (Clay 1997). · Intermediate economies. These are more diversified economies with economic growth occurring via the development of a labor-intensive, low-technology manufacturing sector, typically dependent on domestically produced, renewable natural resources and imported inputs and capital equipment, but with natural resources still representing a relatively important part of export earnings.
K. Department for International Development EWS Early warning system GDP Gross domestic product GIS Geographic information system IGADD Inter-Governmental Authority on Drought and Development NGO Nongovernmental organization ODA Overseas Development Administration ODI Overseas Development Institute RMSM Revised Minimum Standard Model SADC Southern African Development Community SAP Structural adjustment program SSA Sub-Saharan Africa Page vii Foreword This paper arose out of an interest in the broader implications of droughts in African countries and in particular, the droughts in Southern Africa in the mid-1990s.
According to this definition, a drought can, therefore, be viewed as a form of internal supply-side shockthat is, as a severe disturbance caused by events outside a country's control that have nonmarginal impacts on domestic economic variables. Environmental Diversity and the Rural Economy Environmental factors play an obvious role in determining interactions between drought and economic performance. As already indicated, from an economic perspective, a country's vulnerability to drought cannot be viewed merely as more or less synonymous with its aridity.