The Economic Impacts of Natural Disasters

The Economic Impacts of Natural Disasters
Author: Debarati Guha-Sapir,Indhira Santos
Publsiher: Oxford University Press
Total Pages: 326
Release: 2013-05-23
Genre: Business & Economics
ISBN: 9780199841936

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The Economic Impacts of Natural Disasters focuses on concerns of poverty and vulnerability amongst natural disaster zones. Written by a collection of 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 Effects of Natural Disasters

Economic Effects of Natural Disasters
Author: Taha Chaiechi
Publsiher: Academic Press
Total Pages: 664
Release: 2020-10-16
Genre: Business & Economics
ISBN: 9780128174661

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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

Understanding the economic and financial impacts of natural disasters

Understanding the economic and financial impacts of natural disasters
Author: Charlotte Benson,Edward J. Clay
Publsiher: World Bank Publications
Total Pages: 135
Release: 2004
Genre: Electronic Book
ISBN: 0821356852

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Managing Disaster Risk in Emerging Economies

Managing Disaster Risk in Emerging Economies
Author: Alcira Kreimer,Margaret Arnold
Publsiher: World Bank Publications
Total Pages: 193
Release: 2000-01-01
Genre: Social Science
ISBN: 0821347268

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In 1999 natural catastrophes and man-made disasters claimed more than 105,000 lives, 95 percent of them in the developing world, and caused economic losses of around US$100 billion. In 1998 the twin disasters of the Yangtze and Hurrican Mitch accounted for two-thirds of the US$65 billion loss. The geographical areas affected may vary, but one constant is that the per capita burden of catastrophic losses is dramatically higher in developing countries. To respond to an increased demand to assist disaster rcovery programmes, the World Bank set up the Disaster Management Facility in 1998, to help provide the Bank with a more rapid and strategic response to disaster emergencies. The DMF focuses on risk identification, risk reduction, and risk sharing/transfer, the three major topics in this volume. The DMF also promotes strategic alliances with key private, government, multilateral and nongovernmental organisations to ensure the inclusion of disaster risk reduction as a central value of development. The most important of these partnerships is the ProVention Consortium, launched in February 2000, based on the premise that we must all take responsibility for making the new millennium a safer one.

Climate Change and Natural Disasters

Climate Change and Natural Disasters
Author: Vinod Thomas
Publsiher: Transaction Publishers
Total Pages: 182
Release: 2017-01-31
Genre: Business & Economics
ISBN: 9781412864527

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The start of the new millennium will be remembered for deadly climate-related disasters—the great floods in Thailand in 2011, Super Storm Sandy in the United States in 2012, and Typhoon Haiyan in the Philippines in 2013, to name a few. In 2014, 17.5 million people were displaced by climate-related disasters, ten times more than the 1.7 million displaced by geophysical hazards. What is causing the increase in natural disasters and what effect does it have on the economy? Climate Change and Natural Disasters sends three messages: human-made factors exert a growing influence on climate-related disasters; because of the link to anthropogenic factors, there is a pressing need for climate mitigation; and prevention, including climate adaptation, ought not to be viewed as a cost to economic growth but as an investment. Ultimately, attention to climate-related disasters, arguably the most tangible manifestation of global warming, may help mobilize broader climate action. It can also be instrumental in transitioning to a path of low-carbon, green growth, improving disaster resilience, improving natural resource use, and caring for the urban environment. Vinod Thomas proposes that economic growth will become sustainable only if governments, political actors, and local communities combine natural disaster prevention and controlling climate change into national growth strategies. When considering all types of capital, particularly human capital, climate action can drive economic growth, rather than hinder it.

The Impacts of Natural Disasters

The Impacts of Natural Disasters
Author: National Research Council,Division on Earth and Life Studies,Commission on Geosciences, Environment and Resources,Committee on Assessing the Costs of Natural Disasters
Publsiher: National Academies Press
Total Pages: 80
Release: 1999-05-06
Genre: Science
ISBN: 9780309063944

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We in the United States have almost come to accept natural disasters as part of our nation's social fabric. News of property damage, economic and social disruption, and injuries follow earthquakes, fires, floods and hurricanes. Surprisingly, however, the total losses that follow these natural disasters are not consistently calculated. We have no formal system in either the public or private sector for compiling this information. The National Academies recommends what types of data should be assembled and tracked.

Unbreakable

Unbreakable
Author: Stephane Hallegatte,Adrien Vogt-Schilb,Mook Bangalore,Julie Rozenberg
Publsiher: World Bank Publications
Total Pages: 198
Release: 2016-11-24
Genre: Nature
ISBN: 9781464810046

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'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.

Economic Impacts and Emergency Management of Disasters in China

Economic Impacts and Emergency Management of Disasters in China
Author: Xianhua Wu,Ji Guo
Publsiher: Springer Nature
Total Pages: 700
Release: 2021-04-23
Genre: Business & Economics
ISBN: 9789811613197

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This book uses cutting-edge methods, such as big data mining methods on social media, generalized difference in difference, inoperational input–output models, improved data envelopment analysis, improved computable general equilibrium and others to calculate the economic impacts of climate and environmental disasters on China. This book provides the ideas, methods and cases of the redistribution of air pollution emissions in China through evaluating the benefits of meteorological disaster services and meteorological financial insurance. Using big data resources and data mining methods, as well as econometric models, etc., this book provides a comprehensive assessment of the economic impact of disasters in China and studies China's counterpart aid policy and international aid policy for disasters. This book is an academic monograph devoted to the China’s case study. The intended readership includes academics, government officials, graduate students and people concerned about China.

Modeling Spatial and Economic Impacts of Disasters

Modeling Spatial and Economic Impacts of Disasters
Author: Yasuhide Okuyama,Stephanie E. Chang
Publsiher: Springer Science & Business Media
Total Pages: 324
Release: 2013-06-29
Genre: Business & Economics
ISBN: 9783540247876

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This volume is dedicated to the memory of Barclay G. Jones, Professor of City and Regional Planning and Regional Science at Cornell University. Over a decade ago, Barclay took on a fledgling area of study - economic modeling of disasters - and nurtured its early development. He served as the social science program director at the National Center for Earthquake Engineering Research (NCEER), a university consortium sponsored by the National Science Foundation and the Federal Emergency Management Agency of the United States. In this capacity, Barclay shepherded and attracted a number of regional scientists to the study of disasters. He organized a conference, held in the ill-fated World Trade Center in September 1995, on "The Economic Consequences of Earthquakes: Preparing for the Unexpected. " He persistently advocated the importance of social science research in an establishment dominated by less-than-sympathetic natural scientists and engineers. In 1993, Barclay organized the first of a series of sessions on "Measuring Regional Economic Effects of Unscheduled Events" at the North American Meetings of the Regional Science Association International (RSAI). This unusual nomenclature brought attention to the challenge that disasters -largely unanticipated, often sudden, and always disorderly - pose to the regional science modeling tradition. The sessions provided an annual forum for a growing coalition of researchers, where previously the literature had been fragmentary, scattered, and episodic. Since Barclay's unexpected passing in 1997, we have continued this effort in his tradition.

The Economic Impacts of Natural Disasters

The Economic Impacts of Natural Disasters
Author: Debarati Guha-Sapir,Indhira Santos,Alexandre Borde, Managing Editor
Publsiher: Oxford University Press
Total Pages: 344
Release: 2013-04-04
Genre: Business & Economics
ISBN: 9780199841943

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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.

National Economic Impact Analysis of Terrorist Attacks and Natural Disasters

National Economic Impact Analysis of Terrorist Attacks and Natural Disasters
Author: Harry W. Richardson,JiYoung Park,James E. Moore II,Qisheng Pan
Publsiher: Edward Elgar Publishing
Total Pages: 296
Release: 2014-11-28
Genre: Business & Economics
ISBN: 9781783475865

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øA unique contribution towards mitigation is offered in this book, which develops a national economic impact model to estimate the effects of simulated terrorist attacks and real world natural disasters on individual US States and economic sectors. The

Economics Of Natural Disasters

Economics Of Natural Disasters
Author: Euston Quah,Suman Kumari Sharma
Publsiher: World Scientific
Total Pages: 300
Release: 2018-12-12
Genre: Business & Economics
ISBN: 9789814723244

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Unlike existing books on the topic that cover more on non-economic aspects of natural disasters, this book covers economic aspects of natural disasters viz damage assessment, risk management and resilience. The book contains several case studies and covers some of the major natural disasters in different countries, most notably the recent Nepal earthquake, tsunami in Fukushima, the Indian Ocean earthquake and tsunami, floods in Thailand, the typhoon Haiyan, and the eruptions of Mount Merapi. It also suggests avenues for better public policies to tackle economics of natural disasters.

Natural Disasters and Climate Change

Natural Disasters and Climate Change
Author: Stéphane Hallegatte
Publsiher: Springer
Total Pages: 194
Release: 2014-09-17
Genre: Business & Economics
ISBN: 9783319089331

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This book explores economic concepts related to disaster losses, describes mechanisms that determine the economic consequences of a disaster, and reviews methodologies for making decisions regarding risk management and adaptation. The author addresses the need for better understanding of the consequences of disasters and reviews and analyzes three scientific debates on linkage between disaster risk management and adaptation to climate change. The first involves the existence and magnitude of long-term economic impact of natural disasters on development. The second is the disagreement over whether any development is the proper solution to high vulnerability to disaster risk. The third debate involves the difficulty of drawing connections between natural disasters and climate change and the challenge in managing them through an integrated strategy. The introduction describes economic views of disaster, including direct and indirect costs, output and welfare losses, and use of econometric tools to measure losses. The next section defines disaster risk, delineates between “good” and “bad” risk-taking, and discusses a pathway to balanced growth. A section entitled “Trends in Hazards and the Role of Climate Change” sets scenarios for climate change analysis, discusses statistical and physical models for downscaling global climate scenarios to extreme event scenarios, and considers how to consider extremes of hot and cold, storms, wind, drought and flood. Another section analyzes case studies on hurricanes and the US coastline; sea-level rises and storm surge in Copenhagen; and heavy precipitation in Mumbai. A section on Methodologies for disaster risk management includes a study on cost-benefit analysis of coastal protections in New Orleans, and one on early-warning systems in developing countries. The next section outlines decision-making in disaster risk management, including robust decision-making, No-regret and No-risk strategies; and strategies that reduce time horizons for decision-making. Among the conclusions is the assertion that risk management policies must recognize the benefits of risk-taking and avoid suppressing it entirely. The main message is that a combination of disaster-risk-reduction, resilience-building and adaptation policies can yield large potential gains and synergies.

A Safer Future

A Safer Future
Author: National Research Council,Division on Earth and Life Studies,Commission on Geosciences, Environment and Resources,U.S. National Committee for the Decade for Natural Disaster Reduction
Publsiher: National Academies Press
Total Pages: 76
Release: 1991-02-01
Genre: Science
ISBN: 9780309045469

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Initial priorities for U.S. participation in the International Decade for Natural Disaster Reduction, declared by the United Nations, are contained in this volume. It focuses on seven issues: hazard and risk assessment; awareness and education; mitigation; preparedness for emergency response; recovery and reconstruction; prediction and warning; learning from disasters; and U.S. participation internationally. The committee presents its philosophy of calls for broad public and private participation to reduce the toll of disasters.

Economics of Natural Disasters and Climate Change

Economics of Natural Disasters and Climate Change
Author: Derya Dogan
Publsiher: GRIN Verlag
Total Pages: 103
Release: 2013-01-31
Genre: Business & Economics
ISBN: 9783656363569

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Master's Thesis from the year 2012 in the subject Economics - Macro-economics, general, grade: 1,3, University of Wuppertal (Schumpeter School of Business and economics), course: VWL, Makroökonomie, language: English, abstract: During past centuries, natural disasters occurred more often in our environment and caused more serious damage worldwide. The Hurricane Irene in the Caribbean and the USA, the floods in Australia, the earthquake in New Zealand and especially in Japan in 2011 had enormous extends concerning the caused loss and damages in the specific regions. Within the past four decades, the frequency of large natural disasters raised three times more. Furthermore, the economic losses - after adjusting for inflation – increased even eight times more compared to the past decades. This also has a great impact on the insurance industry, since the insured losses increase even in a larger amount compared to other factors affected by natural disasters. However, the insurance industry uses in spite of these unfavorable loss trends, a wide range of coverage against disasters such as Cat Bonds to transfer the disaster risk, and to avoid unnecessary expenses. Climate change also plays a big role in the frequently occurring amount of disasters. Since it is still hard to estimate the impacts of future climate changes for the frequency and intensity of natural disasters with its huge losses, new policies such as Green Growth have been introduced for mitigation effects. The purpose of this thesis is to represent and describe the economics of natural disasters due to climate change with its macroeconomic aspects and structural effects. While demonstrating the impacts on natural disasters to a region’s economy, it is important to know that many other factors are linked with natural disasters that have an effect on a region’s economy. Therefore, after defining the important terms in the first section of this thesis, the scope and costs of natural disasters will be illustrated in chapter 2 for a better demonstration of the disaster events impacts in general. This will start by describing the reasons for climate change to demonstrate in the latter the increasing number of disaster appearances due to the effects of climate change. Different regions will be considered within this analysis, whereas in the following sections only the regions which are economically vulnerable to natural disasters will be taken into account to illustrate the costs of natural disasters........