Our vulnerability to "shocks" can and should be reduced
DOI:
https://doi.org/10.5377/ccs.v4i1.6024Keywords:
Economy, Civil wars, human displacement, El SalvadorAbstract
Economists call “shock” (from English shock) those events that produce significant changes within an economy, despite being external to it. Shocks are unpredictable, but their impact on people's well-being and the country's stability can be far-reaching. El Salvador is a nation highly exposed to different shocks, whose frequent occurrence implies important challenges for public policies. Some of these shocks are natural (earthquakes, droughts, floods), others are caused by human action (financial crises, civil wars and human displacement, etc.) and a third group is made up of generalized epidemics (zika, chikungunya, h1n1) .
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