How Economic Growth and Rational Decisions Can Make Disaster Losses Grow Faster Than Wealth

How Economic Growth and Rational Decisions Can Make Disaster Losses Grow Faster Than Wealth

Assuming that capital productivity is higher in areas at risk from natural hazards (such as coastal zones or flood plains), this paper shows that rapid development in these areas -- and the resulting increase in disaster losses -- may be the conseq...

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Bibliographic Details
Main Author: Hallegatte, Stephane
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ACCOUNTING
AGENTS
AGRICULTURE
BANKRUPTCY
CAPITAL INVESTMENT
CASUALTIES
CATASTROPHIC EVENTS
CLIMATE CHANGE
CLIMATE CONDITIONS
DAMAGES
DATA QUALITY
DECISION MAKING
DEVELOPMENT NETWORK
DEVELOPMENT POLICY
DIMINISHING RETURNS
DISASTER
DISASTER INSURANCE
DISASTER RISK
DISASTER RISK REDUCTION
DISASTER RISKS
DISASTER SITUATION
DISASTERS
DRIVERS
EARLY WARNING
EARTHQUAKE
EARTHQUAKES
ECONOMETRIC ANALYSES
ECONOMETRIC ANALYSIS
ECONOMIC GROWTH
ECONOMIC LOSS
ECONOMICS
EVACUATION
EXPECTED UTILITY
EXPORTS
EXTERNALITIES
FATALITIES
FLOOD
FLOOD INSURANCE
FLOOD PROTECTIONS
FLOODS
FORECASTS
GDP
HURRICANE
HURRICANES
IMPERFECT INFORMATION
INCOME
INSURANCE
INSURANCE COVERAGE
INVENTORIES
INVESTIGATIONS
MARKET FAILURES
MORAL HAZARD
MORAL HAZARDS
NATURAL DISASTERS
NATURAL HAZARDS
OPTIMIZATION
PERFECT INFORMATION
POSITIVE EXTERNALITIES
PRODUCTIVITY
PRODUCTIVITY INCREASES
RECONSTRUCTION
RELIEF
RISK ANALYSES
RISK ANALYSIS
RISK ASSESSMENTS
RISK AVERSION
RISK MANAGEMENT
RISK MANAGEMENT POLICIES
RISK MITIGATION
RISK REDUCTION
SAFETY
SLUMS
SOCIAL COSTS
STORM
SUPPLIERS
TOTAL OUTPUT
VALUE ADDED
WEALTH
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110329162349
http://hdl.handle.net/10986/3384

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