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Africa under a warming climate: The role of trade towards building resilient adaptation in agriculture

Abstract

The paper reports on evidence on how trade can help Africa adapt to Climate Change (CC) along three dimensions: (i) fast-onset events from short-lived extreme occurrences (floods, extreme temperatures); (ii) slow-onset events (rise in average temperatures and sea-level rise); (iii) trade facilitation policies. • Fast onset events: Trade reduces the amplitude of extreme events like a drought. But policy reactions to large shocks can increase the amplitude of the shock. During the South African drought of 2015-6, policies had spillovers in neighboring countries. Following the 2008-09 financial crisis, export restrictions by major crop exporters and reduction in tariffs by importers amplified the shock. Policy coordination is needed to control spillover effects.
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hal-03937172 , version 1 (13-01-2023)

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  • HAL Id : hal-03937172 , version 1

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Henri Casella, Jaime de Melo. Africa under a warming climate: The role of trade towards building resilient adaptation in agriculture. 2022. ⟨hal-03937172⟩

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