S. Mehmet Ozsoy

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Droughts don’t just dry up water — they drain livelihoods and destabilize local economies. Cracks are visible in the dry ground in Cabo de la Vela, Colombia, Feb. 7, 2025. (AP Photo/Ivan Valencia)

Droughts don’t just dry up water — they drain livelihoods and weaken local economies

S. Mehmet Ozsoy, Concordia University and Erkan Yonder, Concordia University

New research has found that a two-year drought can have the same economic impact on a region as a one percentage point increase in the unemployment rate.

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