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The Economic Impacts of Natural Disasters (Hardcover)
Loot Price: R1,745
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The Economic Impacts of Natural Disasters (Hardcover)
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Since the turn of the millennium, more than one million people have
been killed and 2.3 billion others have been directly affected by
natural disasters around the world. In cases like the 2010 Haiti
earthquake or the 2004 Indian Ocean tsunami, these disasters have
time and time again wrecked large populations and national
infrastructures. While recognizing that improved rescue,
evacuation, and disease control are crucial to reducing the effects
of natural disasters, in the final analysis, poverty remains the
main risk factor determining the long-term impact of natural
hazards. Furthermore, natural disasters have themselves a
tremendous impact on the poorest of the poor, who are often
ill-prepared to deal with natural hazards and for whom a hurricane,
an earthquake, or a drought can mean a permanent submersion in
poverty. The Economic Impacts of Natural Disasters focuses on these
concerns for poverty and vulnerability. Written by a collection of
esteemed scholars in disaster management and sustainable
development, the report provides an overview of the general trends
in natural disasters and their effects by focusing on a critical
analysis of different methodologies used to assess the economic
impact of natural disasters. Economic Impacts presents six national
case studies (Bangladesh, Vietnam, India, Nicaragua, Japan and the
Netherlands) and shows how household surveys and country-level
macroeconomic data can analyze and quantify the economic impact of
disasters. The researchers within Economic Impacts have created
path-breaking work and have opened new avenues for thinking and
debate to push forward the frontiers of knowledge on economics of
natural disasters. "A great report and an important addition to the
literature about the economics of disasters and the
cost-effectiveness of prevention, mitigation and adaption,
including a good number of interesting and relevant applications
from developed and devloping countries."-Javier E. Baez,
Independent Evaluation Group, The World Bank
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