Question

In: Economics

please write a clear abstract for "global warming effects upon Asia's economic prosperity"

please write a clear abstract for "global warming effects upon Asia's economic prosperity"

Solutions

Expert Solution

The impacts of climate changes are not evenly distributed . the poorest countries and people feel the adverse impacts of clamite changefirst and will effects of rising sea level and the impact on water resources ecosystems , crop production fisheries and human health . in less developed countries a large percentage of the develop and implement adaption strategies , nevertheless, these countries have to bear the cost for promotion and adoption of different mitigation strategies the impact of mitigation will only be felt in the long run by future adaptive hazard

although economic analysis of clamite changes is comparatively new issues numerous studies have estimated the impacts of climate changes on economic growth in different regions in world most of these studies are numerical in nature and bitspeculatively but they do provide a soil foundation for further research.

due to climate changes some sactor of the economy may grow in comparision to the others and at the same time the size and composition of some countries gross domestic product may change climate change also affects the long term growth potentional of the country furthmore the effects of climate changes are not homogeneous within countries it was found that agriculture coastal zones and elderly people are more heavily affected than their counterparts .according to stem in the next fifty years world temperature are expected to rise 2-3c. this increase will have severe consequences on economic development as it will affect water quality agriculture productivity and human health. it was further calculated that about 5 % of global GDPwould  per annum by theseare uncertainties associated with the measurement of the impacts of climate the conclution drawn were based on a very low discount rate

Asian countries collectively encompass the worlds greatest economic cultural and ecological diversity about 60% of the worlds population live in these countries making Asia the most populated continent . the total economic activities of asia make up about 25% the worlds GDP consequently the rigion in facing environmental and socienomic challange

it isorth mentioning here that the variation in climate and geographic features among Asian features among Asian countries is very large. in chine and some parts of india and Pakistan .winter temperature areat or below freezing . on the other hand south east asia,Asian countries have also been experiencing a warming trend in recent decades. climate modeling indicates an increases in temperature in Asian by 0.5 c by 2030 and 1-7c by 2070 and predict that aried arese of northern pakistanand indian and western china are likely to warm more quickly . in addation models indicate increasing rainfall during the summer monsoon season and a reduction in winter rainfall and predict that asia will also be affected by rise in the globel sea level of opproximately 3-16 cm by 2030 and 7-50 cm by 2070

climate changes is resulting in the degradation of land ecosystems water and air quality in Asian countries .it is threatening to undermine food security as well as causing health problem .crop yields are estimated to fall by up to 30% and one billion people may be affected by a water shortage leading to drought and land degradation by the 2050s . climate changes has also results in the musdslides erosion and flooding . the health impacts primarly consists of epidemics of malaria dengue and other vector diseases .in summer the increase the risk of mortality in poor communities

notably asia is dealing with increasing cases of natural hazard such as landlines in the phillippines extreme wather events in china incliding stomes flodding in the south heat and brought in the cetral and north eastern regions and catastrophic floods in Pakistan . the impacts of these disasters include hunger disease loss of income and livelihoods collateral changes to infrastuctures all of which affect the surevival and well being of the population.


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