how is the economy of country affected by flood and drought
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The repeated impact of climatic extremes, such as floods and droughts, can have profound direct and indirect effects on a nation's economy. ... Excessive rainfall and flooding also caused a reduction in economic growth: for each 1% area affected by excessive rainfall, GDP growth was reduced by 1.8%.
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Excessive rainfall and flooding also caused a reduction in economic growth: for each 1% area affected by excessive rainfall, GDP growth was reduced by 1.8%.
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