An Exploration of the Link between Development, Economic Growth, and Natural Risk
This paper investigates the link between development, economic growth, and the economic losses from natural disasters in a normative analytical framework with an illustration on hurricane flood risks in New Orleans. It concludes that under broad conditions it is optimal for (1) the probability of di...
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| Format: | Working Paper |
| Language: | en_US |
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World Bank, Washington, DC
2013
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| Online Access: | http://hdl.handle.net/10986/16372 |