The Economic Impacts of Natural Disasters

Hardcover | April 2, 2013

EditorDebarati Guha-Sapir, Indhira Santos

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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 wreckedlarge 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 byfocusing 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 macroeconomicdata 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.

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From the Publisher

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 wreckedlarge populations and national infrastructure...

Debarati Gupa-Sapir is Director of the WHO Collaborating Centre for Research on the Epidemiology of Disasters (CRED) and Professor at University of Louvain School of Public Health, Brussels. Indhira Santos is a member of The World Bank.

other books by Debarati Guha-Sapir

Format:HardcoverDimensions:368 pages, 9.25 × 6.12 × 0.98 inPublished:April 2, 2013Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199841934

ISBN - 13:9780199841936

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Table of Contents

Margareta Wahlstrom: ForewordIntroduction1. Hoyois et al.: The Frequency and Impact of Natural Disasters2. Ajay Chhibber and Rachid Laajaj: The Inter-Linkages between Natural Disasters and Economic Development3. Stle Navrud and Kristin Magnussen: The Impacts of Natural Disasters and the Economic Benefits of Preventing them: Methods and Applications4. Reinhard Mechler and Nabiul Islam: Cost-Benefit Analysis of Disaster Risk Management and Climate Adaptation: the Case of Bangladesh5. St.phane Hallegatte: Challenges Ahead: Risk Management and Cost-Benefit Analysis in a Changing Climate6. Angelika Wirtz: Natural Disasters and the Insurance Industry7. Ricardo Zapata-Marti: Natural Disaster Mitigation Policies8. Tran Huu Tuan and Bui Dung The: Natural Disasters in Vietnam: a Synthesis from a Socio-economic Perspective9. Debesh Chakraborty et al.: Natural Disaster Mitigation in West Bengal10. Indhira Santos: How do Households Manage the Effects of Natural Disasters? The Role of Inter-household Transfers in Nicaragua11. Yasuyuki Sawada: The Economic Impact of Earthquakes on Households: Evidence from Japan.12. K.M. Nabiul Islam: Urban and Non-agricultural Impacts of Flooding and their Assessments: the Case of Bangladesh13. Roy Brouwer and Marije Schaafsma: The Economics of Flood Disaster Management in the NetherlandsConclusion

Editorial Reviews

"A great report and an important addition to the literature about the economics of disasters and the cost-effectiveness of prevention, mitigation and adaption, including a good number of interesting and relevant applications from developed and devloping countries."-- --Javier E. Baez, Independent Evaluation Group, The World Bank