News Headline
The ripple factor: Economic losses from weather extremes can amplify each other across the world
Source
Phys.org
Publication Date
2021-10-27
Weather extremes can cause economic ripples along supply chains. If they occur at roughly the same time, the ripples start interacting and can amplify, even if they occur at completely different places around the world, a new study shows. The resulting economic losses are greater than the sum of the initial events, the researchers find in computer simulations of the global economic network.
Content
https://phys.org/news/2021-10-ripple-factor-economic-losses-weather.html