Handbook On The Economics Of Disasters

Evaluating the myriad dimensions of how disasters can affect economic activity and decision-making, this cutting-edge Handbook presents a timely analysis of the conditions that reduce or exacerbate disaster impacts. Addressing developments in research on disaster economics, internationally recognized scholars combine theoretical considerations with empirical methods to expand and improve the field of disaster mitigation.

This timely new collection presents essential readings for those interested in the economics of natural disasters. It features influential articles on the macroeconomic and regional impacts of natural disasters, natural disaster vulnerability, resilience, recovery and adaptation. Topics covered include short-run and long-run economic impacts, poverty and vulnerability, emerging life-saving technologies, the role of government in fostering resilience and adaptation in response to disasters. Together with an original introduction by the editor, this volume will be an invaluable source of reference for researchers and policymakers alike.

This timely research review presents and discusses essential readings for those interested in the economics of natural disasters. It features analysis of influential articles on the macroeconomic and regional impacts of natural disasters, natural disaster vulnerability, resilience, recovery and adaptation. Topics covered include short-run and long-run economic impacts, poverty and vulnerability, emerging life-saving technologies, the role of government in fostering resilience and adaptation in response to disasters. This detailed new review will be an invaluable source of reference for researchers and policymakers alike.

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.

Disasters both natural and human-induced are leading to spiralling costs in terms of human lives, lost livelihoods and damaged assets and businesses. Yet these consequences and the financial and human crises that follow catastrophes can often be traced to policies unsuited to the emerging scales of the problems they confront, and the lack of institutional capacity to implement planning and prevention or to manage disasters. This book seeks to overcome this mismatch and to guide development of a more strategic policy and institutional framework. This updated and revised second edition includes new coverage of climate change adaptation, which has rapidly become central to disaster and emergency planning and management. This is an essential handbook for practitioners across the world seeking to improve the quality, robustness and capacity of their disaster management mechanisms.

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.

This book offers a systematic, empirical examination of the concepts of disasters and sustainable economic development applied to many cases around the world. It presents comprehensive coverage of the complex and dynamic relationship between disaster and development, making a vital contribution to the literature on disaster management, disaster resilience and sustainable development. The book collects twenty-three chapters, examining theoretical issues and investigating practical cases on policy, governance, and lessons learned in dealing with different types of disasters (e.g., earthquakes, floods and hurricanes) in twenty countries and communities around the world.

The First and Second World Wars, the great depression, oil shocks, inflation, financial crises, stock market crashes, the collapse of the Soviet command economy and Third World disasters are discussed in this comprehensive book. The contributors subject these disasters to in-depth assessment, carefully considering their costs and impact on specific countries and regions, as well as assessing them in a global context. The book examines the legacy of economic disasters and asks whether economic disasters are avoidable or whether policymakers can learn from their mistakes.