El Nino Arrives and Debt Thrives
Sustainability Now
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Impact of El Nino on Government Debt
This chapter explores the potential impact of high inflation caused by El Nino events on government debt, discussing the correlation between El Nino periods and government debts in emerging markets. It emphasizes the need for governments to issue more debt to address healthcare costs, repair infrastructure, and deal with social problems caused by El Nino, highlighting the potential risks associated with increasing debt and its impact on governments.
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