Weather = Money

Lazo, J.K., M. Lawson, P.H. Larsen, and D. M. Waldman, 2011:
Sensitivity of the U.S. economy to weather variability. Bulletin of the American Meteorological Society.

This report is focused on the United States – although I hope to find a similar study done for Southeast Asia. The majority of Cambodia’s economy is dependent upon fishing and farming (find source). Therefore, if the logic of the study follows the country is highly sensitive to changes in weather patterns.

Interview with the author: What would you predict are the global implications of these findings?

“The US economy is one of the most advanced in the world, yet it’s still not weatherproof by any means. As would be expected, we found that the agricultural sector is highly sensitive to weather – but in the US the agricultural sector is less than 2% of the economy. Countries with larger agricultural sectors (as a percent of their total economic output) will display a greater relative sensitivity to weather.”

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