In this two-volume set the editors have brought together some of
the most significant previously published papers by leading
academics in this field. The Economics of Natural Hazards
investigates the impact of natural disasters on national and
regional economies. Volume I considers the effects both of the
perception of risk and of direct losses and explores the costs of
reducing the impact of disasters by, for example, forecasting,
self-protection and the building of physical structures. Volume II
deals with mitigating the costs of disaster through insurance,
including financial coverage for catastrophic loss, and
investigates the development of private-public partnerships for
managing disasters and the problems of reconstruction and recovery.
A final section addresses the particular problems of disasters in
developing countries.
General
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