Grist: It is a truism that climate change is going to hit poor countries earlier and harder than it hits rich countries. A paper from the National Bureau of Economic Research - "Climate Change and Economic Growth: Evidence from the Last Half Century" - helps illumnate one aspect of why it`s true. (It`s an older paper, but I just discovered it.) It`s worth mulling over the findings a bit.
The research is quite clever, mainly in its simplicity. Instead of using complicated models built on all sorts of...