By now, we’re all familiar with the devastating effects of the global drought.
But the drought has also caused an untold number of economic hardships for millions of people, including those who rely on agriculture for their livelihoods.
The World Bank estimates that millions of farmers are in dire straits.
According to a recent report from the World Resources Institute, farmers in Africa are facing a $8 billion shortfall in the next three years due to the drought.
In Asia, farmers are struggling to meet their debts and are facing financial ruin.
The impact of this global economic crisis has been felt all over the world, but the plight of rural farmers is especially acute in South Asia.
South Asia is one of the most vulnerable regions to climate change and the region has a long history of being affected by extreme weather events such as droughts and floods.
South Asians have a history of living with the consequences of extreme weather and the effects of climate change are still evident.
According the report, over the last 50 years, the average annual rainfall in South Asian regions has decreased by 2.5 mm annually.
This means that the average yearly rainfall has decreased from 5.2 mm in 1971 to 2.6 mm in 2010.
This dramatic drop in rainfall means that farmers are now paying out far less for their crops than they used to.
In addition, farmers who have lost money due to this drought have also seen their incomes decrease due to lack of capital and credit.
In South Asia, over 2.8 million farmers have lost more than $20 billion in losses to the weather, according to the report.
In fact, according the report farmers are losing as much as $1,400 a month on their crops due to drought.
The lack of cash is also a big issue for the farmers as many have to borrow money to buy seeds and fertilizers.
According a recent analysis, the total amount of loans for farmers who are unable to purchase seeds and fertilizer for their fields is now $16 billion.
This is a huge amount of money for the average farmer and many are not able to pay the interest on the loans.
This financial pressure has made many farmers turn to the informal sector, where they have to pay rent to people who are willing to help them.
Some of these people have to take on more risks than most farmers and risk their lives in order to provide loans to the farmers.
Some are even willing to risk their own lives in the name of food security.
In many parts of the world where there is a shortage of food, this has led to increased food prices and food riots.
The recent rise in prices is another factor that has contributed to the devastating impacts of the drought on the South Asian agricultural economy.
According an official from the United Nations Food and Agriculture Organization, South Asian countries have been the hardest hit by the drought and there are a number of reasons for this.
The drought is expected to continue for a number more years, with an increase in the amount of moisture in the region.
It is also expected to worsen the monsoon season.
A large part of the country, particularly in the Andhra Pradesh region, is expected for the monsoons to return this year, which means a more intense monsoon than in recent years.
And this will have a negative impact on the production of rice and wheat.
There are also several other reasons why farmers are facing significant losses, including crop failures, floods and other disasters.
However, it is important to note that the effects from the drought will be felt throughout South Asia for the foreseeable future.
For example, the drought is also hurting the farmers in the South Asia region of the US, where many are looking for jobs, as well as the South American country of Argentina, where the impact of the floods have also hit the economy.
This article originally appeared on Business Insider.