Archive for April 29th, 2020

How South Korea stopped COVID-19 early?

April 29, 2020

Myoung-hee Kim, Director of the Center for Health Equity Research at the People’s Health Institute in South Korea saw it all up and close.

In this Proj Synd piece, he narrates his experience:

Government testing and tracing alone did not halt the spread of the coronavirus in South Korea. The country’s civil-society organizations also played a critical role by monitoring the situation closely, helping to hold the authorities accountable, and reaching vulnerable social groups.

Reads similar to Kerala’s approach.

Climate Change in India: Macroeconomic Impact and Policy Options for Mitigating Risks

April 29, 2020

Amidst all the chaos, RBI researchers (Archana Dilip and Sujata Kundu) released this useful piece in RBI Apr-2020 bulletin.

Climatic conditions, comprising the two key indicators – precipitation and temperature, play a crucial role in the overall health of the Indian economy. Over the years, India has witnessed changes in climatic patterns in line with the rest of the world. With increase in population and economic activity, the cumulative level of GHG emissions has increased causing the average temperature to rise over time. Importantly, the rainfall pattern, particularly with respect to the SWM, which provides around 75 per cent of the annual rainfall, has undergone significant changes. Moreover, the occurrence of extreme weather events like floods/unseasonal rainfall, heat waves and cyclones has increased during the past two decades and data reveal that some of the key agricultural States in India have been the most affected by such events.

Two separate indices were constructed at the all-India level – the temperature index and the precipitation index – and their impact on food inflation and economic activity indicators was analysed. The results indicated weather conditions, especially rainfall, to have a strong influence on the food inflation trajectory and the impact was found to last for a couple of months. Within food, vegetables prices are the most vulnerable to rainfall shocks. The results also showed weather conditions to have a significant impact on some of the key indicators of economic activity like PMI, IIP, demand for electricity, trade, tourist arrivals, and tractor and automobile sales. This article also highlighted various policy tools that could help mitigate climate change risks.

Again, full of interesting table, graphs and maps…

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