Climate-change-intensified drought carries great challenges for socioeconomic development. This article aims to provide a comprehensive review of research on the effects of drought disturbance on socioeconomic development within the context of climate change. According to the co-citation analysis of approximately 3000 literature sources, it should be emphasized that challenges resulting from drought carry significant socioeconomic implications, including agriculture losses, increased financial burdens on governments, and escalating insurance claims. Drought can also trigger humanitarian and social crises, especially in resource-limited areas, resulting in shortages of food and water, population displacement, and health risks. Therefore, effective policies, informed by robust research and data, are crucial for addressing the complex challenges of droughts in a changing climate. Proactive strategies, including improved water management, early warning systems, and sustainable agricultural practices, are essential for a comprehensive response. Addressing the socioeconomic impacts of climate-induced drought requires a holistic, interdisciplinary approach, emphasizing collaboration among governments, communities, researchers, and international organizations. Implementing adaptive measures and risk reduction strategies enhances resilience and mitigates the adverse effects of drought on society and the economy.