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The economic impacts of natural disasters: assessing the costs of prevention, mitigation and adaptation

The economic impacts of natural disasters: assessing the costs of prevention, mitigation and adaptation

Santos, Indhira; Guha-Sapir, Debarati

This work combines research and empirical evidence on the economic costs of disasters with theoretical approaches. It provides new insights on how to assess and manage the costs and impacts of disaster prevention, mitigation, recovery and adaption, and much more

Hardback, Book. English.
Published New York; Oxford: Oxford University Press, 2012
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Details

Statement of responsibility: edited by Debarati Guha-Sapir and Indhira Santos
ISBN: 0199841934, 9780199841936
Intended audience: Specialized.
Note: Includes bibliographical references and index.
Physical Description: 368 p. : ill., maps ; 24 cm.
Subject: Society.; Natural disasters Economic aspects.

Author note

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

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.

"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

Reviews

excellent volume ... Highly recommended.
D.D. Miller, CHOICE