Understanding the Economic and Financial Impacts of Natural Disasters

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Reported disaster losses have risen rapidly over the last few decades, triggering a growing awareness of the potential damage caused by natural hazards. However, there is limited knowledge or understanding of their broader macroeconomic significance or the problems they pose for long-term development.

Drawing on evidence from Bangladesh, Dominica, and Malawi, 'Understanding the Economic and Financial Impacts of Natural Disasters' explores these macro-economic and development issues. The report examines the short and long-term economic and financial impacts of natural disasters, the factors that contribute to underlying sensitivities, and identifies opportunities for improving the economic management of risk and disasters as they unfold.

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Product Details

  • ISBN-13: 9780821356852
  • Publisher: World Bank Publications
  • Publication date: 2/1/2004
  • Series: Disaster Risk Management
  • Edition description: New Edition
  • Pages: 130
  • Product dimensions: 8.30 (w) x 10.90 (h) x 0.30 (d)

Table of Contents

Abbreviations and Acronyms
Summary 1
1 Introduction 3
2 Disasters and the Macroeconomy 9
3 Public Finance and Disasters 29
4 Information on Natural Hazards and Disaster Reduction 43
5 Financing the Cost of Future Disasters 53
6 Findings of the Study and Implications for Policy and Research 61
App. A Dominica: Natural Disasters and Economic Development in a Small Island State 69
App. B Bangladesh: Disasters and Public Finance 79
App. C Malawi and Southern Africa: Climatic Variability and Economic Performance 91
Notes 99
References 107
Index 113
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