Why Are Hot Countries Poorer Than Cold Countries?

When you think of developed economies, the first countries that come to your mind are probably places like Germany, Switzerland, Norway and Sweden. On the other hand, consider countries with low economic levels. You’re likely to think of some countries in Africa, the Middle East and Southeast Asia. When you think of all these countries climate difference You can also distinguish clearly.

Economists say climate annual income per capita He still continues to do research on its impact on Of course, there are some theories. Let’s see how climate affects whether a country is poor or rich.

First, let’s take a look at some factors other than climate that affect the economic level of countries:

• political stability
• Industry
• Natural resource wealth
• State policy and administration
• Inflation

These factors are very effective on the country’s economy and annual income per capita. However, there is something else besides all this, the climate. Almost all developed countries in the world outside the tropics is available.

As the temperature increases, income decreases.

“Economics Explained” examines the annual per capita income in the country in order to carry this relationship to a more concrete basis. average temperature of the country measured and found a negative relationship between temperature and per capita income.

For each extra degree of temperature, personal income increases per year 762 dollars was falling! So if a country A is 10 degrees lower than country B, the annual income per capita is $7,620 more.

In fact, according to the resulting statistics, the welfare level of a country 9% depends on temperature. The remaining 91%; It consists of natural resource wealth, infrastructure, political stability and other factors.

What about countries that are very hot but very rich, and countries that are cold but very poor?

Bahrain, Qatar, United Arab Emirates… All of these countries It’s like hell and their economy is very good. because their natural resource wealth is too high to allow hot weather to affect them.

North Korea, on the other hand, is both very cold and very poor. this too the level of political impotence, It shows that it is at a level that can overcome the effect of cold climate.

Let’s get to our real question, why does the economy behave like summer people?

There are actually more than one theory on this subject, but “For that exact reason.” There is no clear answer. Among the possibilities most likely theory economic selection.

For example, societies of cold countries such as Norway; if they had not planned in advance to stock up on food, build good shelter, and use fuels such as coal, oil, or wood for heating cold winters They couldn’t get over it. They always had to be more diligent and cooperate.

We can say that countries with hot climates are a little bit lazier.

In hot regions, a simple mud hut was sufficient for shelter; throughout the year for hunting or farming There were resources. They didn’t have to improve their engineering to store or shelter resources. Even in hot climates, people Even if it increases conflict There may be a reason.

All these factors have provided advantages or disadvantages for economies since ancient times. Factors combining over generations, by creating societies that value capital goods created rich countries.

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