While the world’s attention is fixed on El Niño, researchers are highlighting a blind spot in economic analysis. La Niña, the cold phase of the same climate cycle, has received far less attention, yet it may trigger a surge in food prices with serious repercussions for the global economy.
A policy brief from the French Council of Economic Analysis, by François Fontaine (Université Paris 1, PSE), Fanny Henriet (CNRS, AMSE) and Katheline Schubert (Université Paris 1, PSE)
