I have a person to recommend about this topic - Dr. Feifei Jin at University of Hawai'i at Manoa. He is a meteorologist who recently studies the similar issue. You can reach him through [email protected].

As a macroeconomic framework is made up of five markets, El Niño can affect the Foreign Exchange Market: Because the volume of imports certain agricultural products, such as soybeans, can be fatally affected by rain reduction, whether this is the effect of the ENSO in the region that products this.

El Nino has tremendous impact on local, regional and global economy

https://daily.jstor.org/economic-impact-el-nino/

http://www.blueplanet.nsw.edu.au/geog--9-10--oceanography--the-general-impacts-of-el-ni%c3%b1o/.aspx

https://phys.org/news/2014-07-reveals-economic-impact-el-nio.html

A lot of studies about economic impact of El Nino

Regards

Here is a citable resource from the International Monetary Fund and probably a good place to start. https://www.imf.org/external/pubs/ft/wp/2015/wp1589.pdf

It seems that countries in the Asia Pacific experience an economic "shock" following El Niño events.

In India el nino affect our economy

Indian meteorology depends monsoons for rainfall.

Normally the trade wind blow from south america to India in summer which carry moisture/rain and cause rainfall

El nino is the warm current to weak this trade wind and rainfall happened in ocean. So water scarcity rised due to this

Agriculture getting affected which directy reduce Indian economy

Nagalakshmi Radhakrishnan Blake Carlton Jones Alain Robichaud Gabriel Brito Costa Lingqiang He Thank you very much for all of your recommendations. I'm very pleased. Actually I have another new questions that i've shared publicly in my new home. I'm very glad if you want to give another recommendations.

Best regards,

Said Fariz Hibban

Undergraduate student of meteorology department.