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Impacts of considering climate variability on investment decisions in Ethiopia:

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  • Block, Paul J.
  • Strzepek, Kenneth
  • Rosegrant, Mark
  • Diao, Xinshen
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    Abstract

    "Numerous studies indicate that agricultural production is sensitive to climate variability, and lack of infrastructure in developing countries increases vulnerability to extreme climate events. In Ethiopia, the historical climate record indicates frequent droughts and floods, which can devastate agricultural production and existing infrastructure. Too much precipitation can flood crops, rot or suffocate roots, and wash out roads, creating similar economic conditions to those resulting from drought. With 85 percent of the population living in rural areas, and most people depending on rainfed agriculture, Ethiopia's social and economic welfare depends heavily on climatic conditions. This brief is based on a paper that uses an economywide, multi-sector, and multi-regional model to assess the impact of climate variability on the outcomes of prospective investment strategies for Ethiopia, as well as on the country's gross domestic product growth rates and poverty rates." from text

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    Bibliographic Info

    Paper provided by International Food Policy Research Institute (IFPRI) in its series Research briefs with number 15(12).

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    Date of creation: 2008
    Date of revision:
    Handle: RePEc:fpr:resbrf:15(12)

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    Related research

    Keywords: Climate variability; infrastructure; Investment; Food and water security; Climate change;

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    Cited by:
    1. Karen Fisher-Vanden & Ian Sue Wing & Elisa Lanzi & David Popp, 2013. "Modeling climate change feedbacks and adaptation responses: recent approaches and shortcomings," Climatic Change, Springer, vol. 117(3), pages 481-495, April.
    2. Kostandini, Genti & La Rovere, Roberto & Abdoulaye, Tahirou, 2013. "Potential impacts of increasing average yields and reducing maize yield variability in Africa," Food Policy, Elsevier, vol. 43(C), pages 213-226.

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