External shocks are unexpected events that originate outside an economy and can significantly impact its performance, often causing disruptions in growth, inflation, and employment. These shocks can be natural disasters, geopolitical events, or global financial crises, and they require adaptive policy measures to mitigate their adverse effects.

External Shocks

External shocks

Sometimes things happen that we didn't plan for, and these are called unexpected events. They can be surprising, and we need to learn how to handle them calmly and think of new ways to solve problems.

unexpected events

Economy performance

disruptions in growth

Disruptions in inflation

Disruptions in employment

Natural disasters are severe, often sudden events caused by environmental factors that result in significant damage and disruption to human life and ecosystems. Understanding their causes, impacts, and mitigation strategies is crucial for reducing their devastating effects and enhancing community resilience.

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