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Economic Effects Of Natural Disasters

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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 Impacts of Natural Disasters

The Economic Impacts of Natural Disasters Book
Author : Debarati Guha-Sapir,Indhira Santos,Alexandre Borde, Managing Editor
Publisher : Oxford University Press
Release : 2013-05-02
ISBN : 0199339805
Language : En, Es, Fr & De

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Book Description :

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.

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 : 9780821356852
Language : En, Es, Fr & De

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Book Description :

Download Understanding the economic and financial impacts of natural disasters book written by Charlotte Benson,Edward J. Clay, available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

The Local Economic Effects of Natural Disasters

The Local Economic Effects of Natural Disasters Book
Author : Anthony Yezer,Claire B. Rubin
Publisher : Unknown
Release : 1987
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download The Local Economic Effects of Natural Disasters book written by Anthony Yezer,Claire B. Rubin, available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

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.

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.

Economics of Natural Disasters and Climate Change

Economics of Natural Disasters and Climate Change Book
Author : Derya Dogan
Publisher : GRIN Verlag
Release : 2013-01-31
ISBN : 3656363560
Language : En, Es, Fr & De

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Book Description :

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........

Manual for Estimating the Socio economic Effects of Natural Disasters

Manual for Estimating the Socio economic Effects of Natural Disasters Book
Author : United Nations. Economic Commission for Latin America and the Caribbean. Programme Planning and Operations Division
Publisher : Unknown
Release : 1991
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download Manual for Estimating the Socio economic Effects of Natural Disasters book written by United Nations. Economic Commission for Latin America and the Caribbean. Programme Planning and Operations Division, available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

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.

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 : 1484353285
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.

The Economic Impact of Natural Disasters in Viet Nam

The Economic Impact of Natural Disasters in Viet Nam Book
Author : Charlotte Benson
Publisher : Unknown
Release : 1997
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download The Economic Impact of Natural Disasters in Viet Nam book written by Charlotte Benson, available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

Selected Readings on the Local Economic Impact of Natural Disasters

Selected Readings on the Local Economic Impact of Natural Disasters Book
Author : Natural Disaster Resource Referral Service
Publisher : Unknown
Release : 1984
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download Selected Readings on the Local Economic Impact of Natural Disasters book written by Natural Disaster Resource Referral Service, available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

Cost of Floods on Pakistan s Economy

Cost of Floods on Pakistan   s Economy Book
Author : Javeria Niazi
Publisher : Anchor Academic Publishing (aap_verlag)
Release : 2014-02-01
ISBN : 3954895668
Language : En, Es, Fr & De

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Book Description :

With an average annual rainfall of less than 240 mm, Pakistan is one of the most arid countries in the world. Every year, during the monsoon season from July to September, Pakistan experiences heavy rainfalls. However, this year the substantial amount of unexpected monsoon rainfall resulted in heavy floods as a consequence of the absence of adequate infrastructure (dams, barrages, reservoirs). The heavy rainfall started in the last week of July 2010, and continued for days in the regions of Balochistan, followed closely by a second spell in Khyber Pakhtunkhwa (KPK). The rain continued until the first few days of August 2010, causing tremendous damage to both property and lives. The heavy rainfall flooded the already flooded rivers and streams, causing the river banks to burst. The flood water started causing destruction in KPK, and continued its journey towards Punjab and Sindh. The floods in Pakistan have had an impact on all the sectors of the economy. Handling these problems would require a model that could simultaneously capture the major relations among different sectors of the economy, and thereby, trace through the indirect and secondary effects on the economy. The model used to calculate the impact is subjected to a number of simulations that are run on E-views. In this study, the author uses a model that reports clearly what Pakistan will face in terms of production loss and recovery. The results are assessed on the basis of past data and the current situation in the country. The author's main purpose is to define the costs Pakistan faces in such a situation, and further, to develop policy recommendations.

Advances in Spatial and Economic Modeling of Disaster Impacts

Advances in Spatial and Economic Modeling of Disaster Impacts Book
Author : Yasuhide Okuyama,Adam Rose
Publisher : Springer Nature
Release : 2019-11-08
ISBN : 3030162370
Language : En, Es, Fr & De

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Book Description :

This book presents essential advances in analytical frameworks and tools for modeling the spatial and economic impacts of disasters. In the wake of natural disasters, such as Hurricane Katrina, the Haiti Earthquake, and the East Japan Earthquake and Tsunami, as well as major terrorist attacks, the book analyzes disaster impacts from various perspectives, including resilience, space-time extensions, and decision-making strategies, in order to better understand how and to what extent these events impact economies and societies around the world. The contributing authors are internationally recognized experts from various disciplines, such as economics, geography, planning, regional science, civil engineering, and risk management. Thanks to the insights they provide, the book will benefit not only researchers in these and related fields, but also graduate students, disaster management professionals, and other decision-makers.

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 : 0987650XXX
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.

The Long term Consequences of Natural Disasters

The Long term Consequences of Natural Disasters Book
Author : Ilan Noy,William DuPont (IV)
Publisher : Unknown
Release : 2016
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

The long-term economic impact of natural disasters is a subject that is highly debated among scholars. Several factors should be taken into consideration: These include the type and severity of natural disaster, the underlying wealth of the economy, and the total area of country impacted. Additionally, the way that researchers choose to define long-term impact, look at direct and indirect damage, and the availability of data also matters. Regardless of the method used there is still not a clear consensus concerning the long-term economic consequences of disasters. To discuss the long-term economic impact of natural disasters, one must first define impact. A common way to determine this impact is to compare the economy post disaster to the level it was at prior to the disaster. Some researchers argue that an economy has recovered when it returns to pre-disaster levels. This approach can be useful when comparing the impact in the short-term; however when analyzing the long-term impact it becomes problematic. Economies are constantly changing, and over long periods of time these changes will accumulate. Therefore one of the biggest challenges for researchers is to estimate what the level the economy would be at had the natural disaster not occurred. The way in which researchers go about doing this, can have a large impact on the results they find. Researchers have not reached consensus concerning the long-term consequences to natural disasters. Several authors have found very little to no impact, of natural disasters in the long-term, especially when using country level data. There have been some notable exceptions. Poor countries as well as small island nations have been found to be less resilient in the long-term. Studies using data collected at regional and local, have found a much more nuanced set of results regardless of wealth, income, or size.

Economics Of Natural Disasters

Economics Of Natural Disasters Book
Author : Euston Quah,Suman Kumari Sharma
Publisher : World Scientific
Release : 2018-12-12
ISBN : 981472324X
Language : En, Es, Fr & De

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Book Description :

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.

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.

Macroeconomic Risk Management Against Natural Disasters

Macroeconomic Risk Management Against Natural Disasters Book
Author : Stefan Hochrainer
Publisher : Springer Science & Business Media
Release : 2007-12-14
ISBN : 9783835094413
Language : En, Es, Fr & De

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Book Description :

Stefan Hochrainer develops a catastrophe risk management model. It illustrates which trade-offs and choices a country must make in managing economic risks due to natural disasters. Budgetary resources are allocated to pre-disaster risk management strategies to reduce the probability of financing gaps. The framework and model approach allows cross country comparisons as well as the assessment of financial vulnerability, macroeconomic risk, and risk management strategies. Three case studies demonstrate its flexibility and coherent approach.