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)
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.