Uruguay is an economy that is vulnerable to precipitation patterns, as evidenced during the country’s historic 2022/23 drought. Yet, and despite its rich macroeconomic and climate data environment, the country does not have a consistent macroeconomic model to address the aggregate impact of climate shocks, let alone the expected additional impact from climate change. This paper intends to fill this gap by integrating climate shocks into the World...
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DETAILS
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2024/03/27
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Policy Research Working Paper
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WPS10740
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1
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2024/03/27
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Disclosed
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The Macroeconomic Impact of Climate Shocks in Uruguay
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Citation
Giuliano,Fernando Mauro; Navia Simon,Daniel; Ruberl,Heather Jane.
The Macroeconomic Impact of Climate Shocks in Uruguay (English). Policy Research working paper ; no. WPS 10740; PROSPERITY Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099400003272435890