The Economic Impacts of Natural Disasters

The Economic Impacts of Natural Disasters PDF Author: Debarati Guha-Sapir
Publisher: Oxford University Press
ISBN: 0199841934
Category : Business & Economics
Languages : en
Pages : 341

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Book Description
This work combines research and empirical evidence on the economic costs of disasters with theoretical approaches. It provides new insights on how to assess and manage the costs and impacts of disaster prevention, mitigation, recovery and adaption, and much more.

The Economic Impacts of Natural Disasters

The Economic Impacts of Natural Disasters PDF Author: Debarati Guha-Sapir
Publisher: Oxford University Press
ISBN: 0199841934
Category : Business & Economics
Languages : en
Pages : 341

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Book Description
This work combines research and empirical evidence on the economic costs of disasters with theoretical approaches. It provides new insights on how to assess and manage the costs and impacts of disaster prevention, mitigation, recovery and adaption, and much more.

Economic Effects of Natural Disasters

Economic Effects of Natural Disasters PDF Author: Taha Chaiechi
Publisher: Academic Press
ISBN: 0128174668
Category : Business & Economics
Languages : en
Pages : 665

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Book Description
Economic Effects of Natural Disasters explores how natural disasters affect sources of economic growth and development. Using theoretical econometrics and real-world data, and drawing on advances in climate change economics, the book shows scholars and researchers how to use various research methods and techniques to investigate and respond to natural disasters. No other book presents empirical frameworks for the evaluation of the quality of macroeconomic research practice with a focus on climate change and natural disasters. Because many of these subjects are so large, different regions of the world use different approaches, hence this resource presents tailored economic applications and evidence. - Connects economic theories and empirical work in climate change to natural disaster research - Shows how advances in climate change and natural disaster research can be implemented in micro- and macroeconomic simulation models - Addresses structural changes in countries afflicted by climate change and natural disasters

Macroeconomic Risk Management Against Natural Disasters

Macroeconomic Risk Management Against Natural Disasters PDF Author: Stefan Hochrainer
Publisher: Springer Science & Business Media
ISBN: 3835094416
Category : Business & Economics
Languages : en
Pages : 213

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Book Description
Stefan Hochrainer develops a catastrophe risk management model. It illustrates which trade-offs and choices a country must make in managing economic risks due to natural disasters. Budgetary resources are allocated to pre-disaster risk management strategies to reduce the probability of financing gaps. The framework and model approach allows cross country comparisons as well as the assessment of financial vulnerability, macroeconomic risk, and risk management strategies. Three case studies demonstrate its flexibility and coherent approach.

Are External Shocks Responsible for the Instability of Output in Low Income Countries?

Are External Shocks Responsible for the Instability of Output in Low Income Countries? PDF Author: Claudio E. Raddatz
Publisher: World Bank Publications
ISBN:
Category : Business cycles
Languages : en
Pages : 53

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Book Description
External shocks, such as commodity price fluctuations, natural disasters, and the role of the international economy, are often blamed for the poor economic performance of low-income countries. The author quantifies the impact of these different external shocks using a panel vector autoregression (VAR) approach and compares their relative contributions to output volatility in low-income countries vis-à-vis internal factors. He finds that external shocks can only explain a small fraction of the output variance of a typical low-income country. Internal factors are the main source of fluctuations. From a quantitative perspective, the output effect of external shocks is typically small in absolute terms, but significant relative to the historic performance of these countries.

The Economics of Natural Disasters

The Economics of Natural Disasters PDF Author: Douglas C. Dacy
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 296

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Book Description


Understanding the economic and financial impacts of natural disasters

Understanding the economic and financial impacts of natural disasters PDF Author: Charlotte Benson
Publisher: World Bank Publications
ISBN: 9780821356852
Category : Disaster relief
Languages : en
Pages : 136

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Book Description


Unbreakable

Unbreakable PDF Author: Stephane Hallegatte
Publisher: World Bank Publications
ISBN: 1464810044
Category : Nature
Languages : en
Pages : 380

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Book Description
'Economic losses from natural disasters totaled $92 billion in 2015.' Such statements, all too commonplace, assess the severity of disasters by no other measure than the damage inflicted on buildings, infrastructure, and agricultural production. But $1 in losses does not mean the same thing to a rich person that it does to a poor person; the gravity of a $92 billion loss depends on who experiences it. By focusing on aggregate losses—the traditional approach to disaster risk—we restrict our consideration to how disasters affect those wealthy enough to have assets to lose in the first place, and largely ignore the plight of poor people. This report moves beyond asset and production losses and shifts its attention to how natural disasters affect people’s well-being. Disasters are far greater threats to well-being than traditional estimates suggest. This approach provides a more nuanced view of natural disasters than usual reporting, and a perspective that takes fuller account of poor people’s vulnerabilities. Poor people suffer only a fraction of economic losses caused by disasters, but they bear the brunt of their consequences. Understanding the disproportionate vulnerability of poor people also makes the case for setting new intervention priorities to lessen the impact of natural disasters on the world’s poor, such as expanding financial inclusion, disaster risk and health insurance, social protection and adaptive safety nets, contingent finance and reserve funds, and universal access to early warning systems. Efforts to reduce disaster risk and poverty go hand in hand. Because disasters impoverish so many, disaster risk management is inseparable from poverty reduction policy, and vice versa. As climate change magnifies natural hazards, and because protection infrastructure alone cannot eliminate risk, a more resilient population has never been more critical to breaking the cycle of disaster-induced poverty.

The Political Economy of Large Natural Disasters

The Political Economy of Large Natural Disasters PDF Author: J. M. Albala-Bertrand
Publisher: Oxford University Press on Demand
ISBN: 9780198287650
Category : Business & Economics
Languages : en
Pages : 259

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Book Description
This book sets out to develop a new framework for the analysis and understanding of large natural disasters occurring in developing countries in the last three decades, and their effects on the economy and society. In doing so, it challenges many of the accepted wisdoms of disaster theory upon which policy prescriptions are built. A number of important issues are addressed and analysed within this framework. The reliability of current statistics about disasters is questioned, and the effects of disaster situations on the main economic aggregates are examined. The author also looks at the importance of indirect disaster effects, the motivations of disaster response, and the impact of both capital loss and disaster response on output. He assesses the minimum level of additional investment required to secure a balanced recovery, and the extent to which a society's structure and dynamics determine people's vulnerability to disasters. Finally, the overall effects of disaster situations on economy and society are considered. The author concludes that although disasters are primarily a problem of development, they are not necessarily a problem for development. What we should be looking at are the underlying social and economic processes within developing countries which structure the impact of natural disasters, rather than at disasters as unforeseen events requiring large scale intervention. An important feature of the book is the deconstruction of the notion of disaster. Disasters, the author points out, cannot be analysed in isolation from the particular social and political setting in which they occur.

Shock Waves

Shock Waves PDF Author: Stephane Hallegatte
Publisher: World Bank Publications
ISBN: 1464806748
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.

Building Resilience in Developing Countries Vulnerable to Large Natural Disasters

Building Resilience in Developing Countries Vulnerable to Large Natural Disasters PDF Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
ISBN: 1498321437
Category : Nature
Languages : en
Pages : 55

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Book Description
This paper discusses how countries vulnerable to natural disasters can reduce the associated human and economic cost. Building on earlier work by IMF staff, the paper views disaster risk management through the lens of a three-pillar strategy for building structural, financial, and post-disaster (including social) resilience. A coherent disaster resilience strategy, based on a diagnostic of risks and cost-effective responses, can provide a road map for how to tackle disaster related vulnerabilities. It can also help mobilize much-needed support from the international community.