Household resilience to climate change in the “big three” African economies

IF 3.1 2区 经济学 Q1 DEVELOPMENT STUDIES African Development Review-Revue Africaine De Developpement Pub Date : 2024-09-22 DOI:10.1111/1467-8268.12776
Sulaiman A. Yusuf, Adeleke O. Salami, Olaide A. Akin-Olagunju, Temitayo A. Adeyemo, Emmanuel O. Dada
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Abstract

The precarious nature of climate change and its consequences on the resilience of economies require examination. This study investigated climate change resilience in the “big three” economies in Africa—Egypt, Nigeria, and South Africa—using macroeconomic data. Results indicated that Nigeria had the highest vulnerability score and South Africa had the highest resilience score. Readiness for climate change was low in all countries, especially in Nigeria. Climate vulnerability had a significant dampening effect on per capita Gross Domestic Product (GDP) in the three economies. In addition, reducing inflation is associated with increased welfare and resilience by raising per capita GDP, although the effect needs to be magnified with sound economic policies. The low adaptive capacity presents policy direction to develop human resource capacities, improve safety net delivery, and ensure effective early warning systems.

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非洲 "三大 "经济体家庭抵御气候变化的能力
气候变化的不稳定性及其对经济体复原力的影响需要加以研究。本研究利用宏观经济数据调查了非洲 "三大 "经济体--埃及、尼日利亚和南非--的气候变化复原力。结果表明,尼日利亚的脆弱性得分最高,南非的复原力得分最高。所有国家应对气候变化的准备程度都很低,尤其是尼日利亚。气候脆弱性对这三个经济体的人均国内生产总值(GDP)有显著的抑制作用。此外,降低通货膨胀率还能提高人均国内生产总值,从而提高福利和适应能力,但这一效果需要通过健全的经济政策来放大。适应能力低为发展人力资源能力、改善安全网的提供和确保有效的预警系统提供了政策方向。
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来源期刊
CiteScore
5.60
自引率
24.10%
发文量
60
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Issue Information Issue Information - Author Guidelines Appreciation to article reviewers Rent-seeking and optimal fiscal-monetary policy rules in Nigeria: A DSGE approach Household resilience to climate change in the “big three” African economies
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