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Economic Effects Of Natural Disasters

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The Economic Impacts of Natural Disasters

The Economic Impacts of Natural Disasters Book
Author : Debarati Guha-Sapir,Indhira Santos
Publisher : Oxford University Press
Release : 2013-05-23
ISBN : 0199841934
Language : En, Es, Fr & De

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Book Description :

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 Book
Author : Taha Chaiechi
Publisher : Academic Press
Release : 2020-10-21
ISBN : 0128174668
Language : En, Es, Fr & De

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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

The Economic Impact of Natural Disasters in Pacific Island Countries Adaptation and Preparedness

The Economic Impact of Natural Disasters in Pacific Island Countries  Adaptation and Preparedness Book
Author : Dongyeol Lee,Huan Zhang,Chau Nguyen
Publisher : International Monetary Fund
Release : 2018-05-10
ISBN : 1484356381
Language : En, Es, Fr & De

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Book Description :

Pacific island countries are highly vulnerable to various natural disasters which are destructive, unpredictable and occur frequently. The frequency and scale of these shocks heightens the importance of medium-term economic and fiscal planning to minimize the adverse impact of disasters on economic development. This paper identifies the intensity of natural disasters for each country in the Pacific based on the distribution of damage and population affected by disasters, and estimates the impact of disasters on economic growth and international trade using a panel regression. The results show that “severe” disasters have a significant and negative impact on economic growth and lead to a deterioration of the fiscal and trade balance. We also find that the negative impact on growth is stronger for more intense disasters. Going further this paper proposes a simple and consistent method to adjust IMF staff’s economic projections and debt sustainability analysis for disaster shocks for the Pacific islands. Better incorporating the economic impact of natural disasters in the medium- and long-term economic planning would help policy makers improve fiscal policy decisions and to be better adapted and prepared for natural disasters.

Understanding the Economic and Financial Impacts of Natural Disasters

Understanding the Economic and Financial Impacts of Natural Disasters Book
Author : Charlotte Benson,Edward J. Clay
Publisher : World Bank Publications
Release : 2004
ISBN :
Language : En, Es, Fr & De

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Book Description :

Disaster prevention and mitigation are integral to development activities. In February 2000, the World Bank's Disaster Management Facility initiated a three-year study on the economic and financial consequences of natural disasters with the support of the U.K. Department for International Development.

Modeling Spatial and Economic Impacts of Disasters

Modeling Spatial and Economic Impacts of Disasters Book
Author : Yasuhide Okuyama,Stephanie E. Chang
Publisher : Springer Science & Business Media
Release : 2013-06-29
ISBN : 3540247874
Language : En, Es, Fr & De

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Book Description :

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 Impact of Natural Disasters on Food Security and SNAP Benefits

The Economic Impact of Natural Disasters on Food Security and SNAP Benefits Book
Author : Hannah Wishart
Publisher :
Release : 2017
ISBN :
Language : En, Es, Fr & De

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Book Description :

The following thesis is divided into two chapters analyzing the impact of natural disasters at the US county level. The first chapter investigates whether natural disasters are a random treatment. By the choice of methodology used, previous research has made the assumption that natural disasters are a random treatment. The results from this analysis suggest that natural disasters are not random. The second chapter utilizes the results of the first chapter to inform the analysis of the impact of natural disasters on food security. The goal of the second chapter is to analyze the impact of Hurricane Katrina and Hurricane Rita on the number of SNAP users post natural disasters. A first difference model was built to test how the change in vulnerable population, coupled with property damages from the hurricanes, impacts the change of SNAP users from 2004 to 2006. The results of the regressions in this paper demonstrate a strong relationship between vulnerable populations suffering from natural disasters being pushed into needing to receive SNAP benefits in order to have adequate food access.

The Political Economy of Large Natural Disasters

The Political Economy of Large Natural Disasters Book
Author : J. M. Albala-Bertrand
Publisher : Oxford University Press
Release : 1993
ISBN : 0198287658
Language : En, Es, Fr & De

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Book Description :

The author sets out to develop a new framework for the analysis of disaster situations in developing countries and challenges many of the accepted wisdoms of disaster theory upon which policy prescriptions are built.

The Impacts of Natural Disasters

The Impacts of Natural Disasters Book
Author : National Research Council,Division on Earth and Life Studies,Commission on Geosciences, Environment and Resources,Committee on Assessing the Costs of Natural Disasters
Publisher : National Academies Press
Release : 1999-05-06
ISBN : 0309063949
Language : En, Es, Fr & De

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Book Description :

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.

Economic Impacts of Natural Disasters in Megacities

Economic Impacts of Natural Disasters in Megacities Book
Author : Eduardo Amaral Haddad,Eliane de Alcântara Teixeira
Publisher :
Release : 2013
ISBN :
Language : En, Es, Fr & De

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Book Description :

The city of São Paulo, home to 11 million people, suffers constantly the effects of flooding caused by extreme precipitation. Localized floods occur every summer in various parts of the city. Besides the losses and inconvenience felt by the residents, floods produce damages that cross the city boundaries, affecting income and output in the metropolitan area as well as in other parts of the state and the country. The objective of this study is to evaluate the economic impacts of floods in the city of São Paulo through the use of a spatial CGE model integrated to GIS information related to the location of points of floods and the firms within their influence. It is estimated that floods contributed to reduce city growth and residents welfare, as well as to hamper local competitiveness in both domestic and international markets. An intra-city total impact-damage ratio of 2.2 and an economy-wide total impact-damage ratio of 5.0 were found.

Regional Economic Impacts of Terrorist Attacks Natural Disasters and Metropolitan Policies

Regional Economic Impacts of Terrorist Attacks  Natural Disasters and Metropolitan Policies Book
Author : Harry W. Richardson,Qisheng Pan,JiYoung Park,James E. Moore II
Publisher : Springer
Release : 2015-02-25
ISBN : 3319143220
Language : En, Es, Fr & De

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Book Description :

This book presents a multiregional input-output model for the metropolitan area of Southern California, which helps to estimate the economic impact of simulated terrorist attacks on seaports, malls etc. as well as of natural disasters such as earthquakes and tsunamis. The authors also analyze the economic and social effects of metropolitan policies such as growth controls, neighborhood gentrification or road-congestion charges. The model presented in the book has evolved over a period of 25 years and requires a very substantial computer capacity.

Managing Disaster Risk in Emerging Economies

Managing Disaster Risk in Emerging Economies Book
Author : Alcira Kreimer,Margaret Arnold
Publisher : World Bank Publications
Release : 2000-01-01
ISBN : 9780821347263
Language : En, Es, Fr & De

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Book Description :

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.

The Economic Impacts of Direct Natural Disaster Exposure

The Economic Impacts of Direct Natural Disaster Exposure Book
Author : Meliyanni Johar,David Johnston,Michael Shields,Peter Siminski,Olena Stavrunova
Publisher :
Release : 2020
ISBN :
Language : En, Es, Fr & De

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Book Description :

This paper studies how having your home damaged or destroyed by a natural disaster impacts on economic and financial outcomes. Our context is Australia, where disasters are frequent. Estimates of regression models with individual, area and time fixed-effects, applied to 10 waves of data (2009-2018), indicate that residential destruction has no average impact on employment and income, but increases financial hardship and financial risk aversion. These impacts are generally short-lived, larger for renters than home owners, and greater for smaller isolated disasters. Using a Group Fixed Effects estimator, we find that around 20% of the population have low resilience to financial shocks, and for these individuals we find a substantive increase in financial hardships. The most vulnerable are the young, single parents, those in poor health, those of lower socioeconomic status, and those with little social support. These results can help target government aid after future natural disasters to those with the greatest need.

National Economic Impact Analysis of Terrorist Attacks and Natural Disasters

National Economic Impact Analysis of Terrorist Attacks and Natural Disasters Book
Author : Harry W. Richardson,JiYoung Park,James E. Moore II,Qisheng Pan
Publisher : Edward Elgar Publishing
Release : 2014-11-28
ISBN : 1783475862
Language : En, Es, Fr & De

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Book Description :

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

Natural Disaster Analysis After Hurricane Katrina

Natural Disaster Analysis After Hurricane Katrina Book
Author : Harry Ward Richardson,Peter Gordon,James Elliott Moore
Publisher : Edward Elgar Pub
Release : 2008
ISBN :
Language : En, Es, Fr & De

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Book Description :

Hurricane Katrina was a pivotal event in the history of disaster mismanagement. Its impact will be felt well into the future and its lessons will be applied around the world. This influential volume explores key policy implications arising from the storm and its aftermath. Leading scholars from fields as diverse as decision analysis, risk management, economics engineering, transportation, urban planning and sociology investigate the policy issues associated with insurance, flood control and the rebuilding of levees, housing, tourism, utility lifelines recovery and resilience, evacuation, relocation and racial implications. By assessing the disruption of life in New Orleans, as well as the inter-regional economic impacts of the disaster, the authors suggest steps that can be taken to minimize future risks, not only in New Orleans but also in all locations threatened by natural disasters. It then goes beyond Katrina to explore experiences and responses to similar events in other parts of the world. Another important feature is a discussion of the overlap between terrorist-initiated disasters and natural disasters. The issues raised by Katrina are very complex and teasing out successful policy implications is far from easy. This book is a major advance towards that goal.Academics interested in the economics, policy, and planning aspects of natural and man-made disasters, specialists in emergency management and policymakers will find the insights and prescriptions offered here invaluable.

Natural Disasters and Climate Change

Natural Disasters and Climate Change Book
Author : Stéphane Hallegatte
Publisher : Springer
Release : 2014-09-17
ISBN : 3319089331
Language : En, Es, Fr & De

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Book Description :

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.