The Economist Asia Edition – July 27, 2019

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The EconomistJuly 27th 2019 Leaders 9

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n recentdaysheatwaveshaveturnedswathesofAmericaand
Europeintofurnaces.Despitetheaccompanyingblastofhead-
lines,the implicationsofsuch extremeheatare oftenover-
looked orunderplayed. Spectacular imagesofhurricanesor
floodsgrab attentionmorereadily, yetheatwavescan cause
moredeaths.Heatisoneofclimatechange’sdeadliestmanifes-
tations.Sometimesitsimpactisunmistakable—aheatwavein
Europein 2003 isestimatedtohaveclaimed70,000lives.More
often,though,heatwavesaretreatedlikethetwointheNether-
landsin2018.Injustoverthreeweeks,around 300 morepeople
diedthanwouldnormallybeexpectedatthattimeofyear.This
wasdismissedasa “minorrise”byofficials.Buthadthosepeople
diedina flood,it wouldhavebeenfront-pagenews.
Thehavoccausedbyextremeheatdoesnot
gettheattentionitmeritsforseveralreasons.
Thedeathstendtobemorewidelydispersedand
donotinvolvethedevastationofpropertyasdo
theravagesofwindandwater.Moreover,deaths
are not usually directly attributable to heat-
stroke.Soaringtemperaturesjustturnpre-exist-
ingconditionssuchasheartproblemsorlung
diseaselethal.
Heatwaveswillinevitablyattractmoreattentionastheybe-
comemorefrequent.Asgreenhousegasescontinuetoaccumu-
lateintheatmosphere,notonlywilltemperaturesriseoverall
butextremesofheatwilloccurmorefrequently(seeSciencesec-
tion).Britain’sMetOfficecalculatesthatbythe2040sEuropean
summersashotasthatof 2003 couldbecommonplace,regard-
lessofhowfastemissionsarereduced.Urbanisationintensifies
therisktohealth:citiesarehotterplacesthanthesurrounding
countryside,andmorepeoplearemovingintothem.
Thegoodnewsisthatmostfatalitiesareavoidable,ifthree
setsofmeasuresareputinplace.First,peoplemustbemade
awarethatextremeheatcankillandwarningsystemsestab-
lished.Heatwavescanbepredictedwithreasonableaccuracy,

whichmeanswarningscanbegiveninadvanceadvisingpeople
tostayindoors,seekcoolareasanddrinkplentyofwater.Smart
useofsocialmediacanhelp.In 2017 a campaignonFacebook
warningofthedangersofa heatwaveinDhaka,Bangladesh’s
capital,reached3.9mpeople,nearlyhalfthecity’spopulation.
Second,coolshadedareasandfreshwatershouldbemade
available.Inpoorplaces,air-conditionedcommunitycentres
andschoolscanbekeptopenpermanently(steamynightsthat
providenorelieffromscorchingdayscanalsokill).InCape
Town,sprayparkshavebeeninstalledtohelppeoplecooldown.
Third,newbuildingsmustbedesignedtoberesilienttothe
threatofextremeheatandexistingonesadapted.Whitewalls,
roofsortarpaulins,andextravegetationincities,allofwhich
helppreventheatfrombuildingup,canbepro-
vided fairly cheaply. Aprogramme toinstall
“coolroofs”andinsulationinPhiladelphiare-
ducedmaximumindoortemperaturesby1.3 ̊C.
It isa cruelironythat,aswithothereffectsof
climatechange,theplacesthatarehardesthit
byheatwavescanleastaffordtoadapt.Inpoor
countries,whereclimatesareoftenhotterand
morehumid,public-healthsystemsareweaker
andpreoccupiedwithotherthreats.Often,adaptationtoex-
tremeheatisdonebycharitiesif it isdoneatall.Particularatten-
tionshouldbepaidtoreachingbothremoteareasanddensely
populatedurbanones,includingslumswheresmalldwellings
withtinroofspackedtogetherworsenthedangerthatuncom-
fortablyhightemperatureswillbecomelethal.
Adaptationisnotanalternativetocuttingemissions;both
arenecessary.Butevenifnetemissionsarereducedtozerothis
century,thepersistenceofgreenhousegasesintheatmosphere
meansthatheatwaveswillcontinuetogetworsefordecadesto
come.Asthemercuryrises,governmentsinrichandpoorcoun-
triesalikemustdomoretoprotecttheirpopulationsfromthis
veryrealandquietlydeadlyaspectofclimatechange. 7

Hot as hell


Climate change is already killing people. Countries must learn to adapt to extreme heat

Heatwaves

U


sually thepre-eminence of the dollar is a source of pride
for whoever occupies the White House. But for weeks Presi-
dent Donald Trump has been grumbling about the consequences
of its status and its current strength. He sees other countries’
trade surpluses with America as evidence of a “big currency ma-
nipulation game” (see Finance section). He has dropped hints
that it is a game that America ought to play, too. If that hurts for-
eign holders of dollars, so be it.
So far this is mostly a war of words, but it could easily escalate
into something worse. If America concludes that its trade part-
ners are using unfair tricks to weaken their currencies, it may

claim the right to do the same. There is even speculation that di-
rect intervention to weaken the dollar might be countenanced. A
cold-eyed assessment says this would involve lots of trouble for
at best a transient benefit. It would also undermine one of Amer-
ica’s key assets—its open capital markets.
Many of the conditions for a currency war are in place. The
world economy is sluggish. The imfthis week revised down fur-
ther its forecasts for gdpgrowth in 2019. Interest rates in the rich
world are low and cannot fall much lower. There are real or imag-
ined constraints on the use of fiscal stimulus. As a result, a cheap
currency is one of the few ways left to gin up the economy.

Do not escalate


The costs to America of intervening to weaken the dollar are greater than the short-term benefits

Currency wars
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