Long-Term Growth Effects of Natural Disasters - Empirical Evidence for Droughts

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Publisher :
ISBN 13 :
Total Pages : 14 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Long-Term Growth Effects of Natural Disasters - Empirical Evidence for Droughts by : Michael Berlemann

Download or read book Long-Term Growth Effects of Natural Disasters - Empirical Evidence for Droughts written by Michael Berlemann and published by . This book was released on 2015 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ongoing process of climate change goes along with a higher frequency and/or severity of droughts. While the short-term growth consequences of droughts are comparatively well examined, little research has yet been devoted to the question whether and how droughts affect medium and long-term growth. However, knowledge on the growth dynamics triggered by natural disasters is an influential input factor for integrated assessment models which are used to evaluate climate policy measures. In this paper we deliver empirical support for the hypothesis of the existence of long-run growth effects of droughts. Based on a panel of 153 countries over the period of 1960 to 2002 and employing a truly exogenous drought indicator derived from rainfall data we find significantly negative long-term growth effects of droughts in both highly and less developed countries. We also deliver first empirical evidence on the channels through which droughts affect economic growth.

The Economic Impacts of Natural Disasters

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Publisher : Oxford University Press
ISBN 13 : 0199841934
Total Pages : 341 pages
Book Rating : 4.1/5 (998 download)

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Book Synopsis The Economic Impacts of Natural Disasters by : Debarati Guha-Sapir

Download or read book The Economic Impacts of Natural Disasters written by Debarati Guha-Sapir and published by Oxford University Press. This book was released on 2013-05-23 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economic Effects of Natural Disasters

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Publisher : Academic Press
ISBN 13 : 0128174668
Total Pages : 665 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Economic Effects of Natural Disasters by : Taha Chaiechi

Download or read book Economic Effects of Natural Disasters written by Taha Chaiechi and published by Academic Press. This book was released on 2020-10-16 with total page 665 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Effects of Natural Disasters explores how natural disasters affect sources of economic growth and development. Using theoretical econometrics and real-world data, and drawing on advances in climate change economics, the book shows scholars and researchers how to use various research methods and techniques to investigate and respond to natural disasters. No other book presents empirical frameworks for the evaluation of the quality of macroeconomic research practice with a focus on climate change and natural disasters. Because many of these subjects are so large, different regions of the world use different approaches, hence this resource presents tailored economic applications and evidence. Connects economic theories and empirical work in climate change to natural disaster research Shows how advances in climate change and natural disaster research can be implemented in micro- and macroeconomic simulation models Addresses structural changes in countries afflicted by climate change and natural disasters

The impact of disasters and crises on agriculture and food security: 2021

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Publisher : Food & Agriculture Org.
ISBN 13 : 9251340714
Total Pages : 245 pages
Book Rating : 4.2/5 (513 download)

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Book Synopsis The impact of disasters and crises on agriculture and food security: 2021 by : Food and Agriculture Organization of the United Nations

Download or read book The impact of disasters and crises on agriculture and food security: 2021 written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2021-03-17 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: On top of a decade of exacerbated disaster loss, exceptional global heat, retreating ice and rising sea levels, humanity and our food security face a range of new and unprecedented hazards, such as megafires, extreme weather events, desert locust swarms of magnitudes previously unseen, and the COVID-19 pandemic. Agriculture underpins the livelihoods of over 2.5 billion people – most of them in low-income developing countries – and remains a key driver of development. At no other point in history has agriculture been faced with such an array of familiar and unfamiliar risks, interacting in a hyperconnected world and a precipitously changing landscape. And agriculture continues to absorb a disproportionate share of the damage and loss wrought by disasters. Their growing frequency and intensity, along with the systemic nature of risk, are upending people’s lives, devastating livelihoods, and jeopardizing our entire food system. This report makes a powerful case for investing in resilience and disaster risk reduction – especially data gathering and analysis for evidence informed action – to ensure agriculture’s crucial role in achieving the future we want.

The Economic Impact of Natural Disasters in Pacific Island Countries: Adaptation and Preparedness

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Publisher : International Monetary Fund
ISBN 13 : 1484356381
Total Pages : 37 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis The Economic Impact of Natural Disasters in Pacific Island Countries: Adaptation and Preparedness by : Dongyeol Lee

Download or read book The Economic Impact of Natural Disasters in Pacific Island Countries: Adaptation and Preparedness written by Dongyeol Lee and published by International Monetary Fund. This book was released on 2018-05-10 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pacific island countries are highly vulnerable to various natural disasters which are destructive, unpredictable and occur frequently. The frequency and scale of these shocks heightens the importance of medium-term economic and fiscal planning to minimize the adverse impact of disasters on economic development. This paper identifies the intensity of natural disasters for each country in the Pacific based on the distribution of damage and population affected by disasters, and estimates the impact of disasters on economic growth and international trade using a panel regression. The results show that “severe” disasters have a significant and negative impact on economic growth and lead to a deterioration of the fiscal and trade balance. We also find that the negative impact on growth is stronger for more intense disasters. Going further this paper proposes a simple and consistent method to adjust IMF staff’s economic projections and debt sustainability analysis for disaster shocks for the Pacific islands. Better incorporating the economic impact of natural disasters in the medium- and long-term economic planning would help policy makers improve fiscal policy decisions and to be better adapted and prepared for natural disasters.

Shock Waves

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Publisher : World Bank Publications
ISBN 13 : 1464806748
Total Pages : 227 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Shock Waves by : Stephane Hallegatte

Download or read book Shock Waves written by Stephane Hallegatte and published by World Bank Publications. This book was released on 2015-11-23 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.

Mapping drought patterns and impacts: a global perspective

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Publisher : IWMI
ISBN 13 : 9290907118
Total Pages : 36 pages
Book Rating : 4.2/5 (99 download)

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Book Synopsis Mapping drought patterns and impacts: a global perspective by : Nishadi Eriyagama

Download or read book Mapping drought patterns and impacts: a global perspective written by Nishadi Eriyagama and published by IWMI. This book was released on 2009 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study examines the global pattern and impacts of droughts through mapping several drought-related characteristics - either at a country level or at regular grid scales. It appears that arid and semi-arid areas also tend to have a higher probability of drought occurrence. It is illustrated that the African continent is lagging behind the rest of the world on many indicators related to drought-preparedness and that agricultural economies, overall, are much more vulnerable to adverse societal impacts of meteorological droughts. The study also examines the ability of various countries to satisfy their water needs during droughts using storage-related indices.

Understanding the economic and financial impacts of natural disasters

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Publisher : World Bank Publications
ISBN 13 : 9780821356852
Total Pages : 136 pages
Book Rating : 4.3/5 (568 download)

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Book Synopsis Understanding the economic and financial impacts of natural disasters by : Charlotte Benson

Download or read book Understanding the economic and financial impacts of natural disasters written by Charlotte Benson and published by World Bank Publications. This book was released on 2004 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation

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Publisher : Cambridge University Press
ISBN 13 : 1107025060
Total Pages : 593 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation by : Intergovernmental Panel on Climate Change

Download or read book Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation written by Intergovernmental Panel on Climate Change and published by Cambridge University Press. This book was released on 2012-05-28 with total page 593 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extreme weather and climate events, interacting with exposed and vulnerable human and natural systems, can lead to disasters. This Special Report explores the social as well as physical dimensions of weather- and climate-related disasters, considering opportunities for managing risks at local to international scales. SREX was approved and accepted by the Intergovernmental Panel on Climate Change (IPCC) on 18 November 2011 in Kampala, Uganda.

Unbreakable

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Publisher : World Bank Publications
ISBN 13 : 1464810044
Total Pages : 380 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Unbreakable by : Stephane Hallegatte

Download or read book Unbreakable written by Stephane Hallegatte and published by World Bank Publications. This book was released on 2016-11-24 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Economic losses from natural disasters totaled $92 billion in 2015.' Such statements, all too commonplace, assess the severity of disasters by no other measure than the damage inflicted on buildings, infrastructure, and agricultural production. But $1 in losses does not mean the same thing to a rich person that it does to a poor person; the gravity of a $92 billion loss depends on who experiences it. By focusing on aggregate losses—the traditional approach to disaster risk—we restrict our consideration to how disasters affect those wealthy enough to have assets to lose in the first place, and largely ignore the plight of poor people. This report moves beyond asset and production losses and shifts its attention to how natural disasters affect people’s well-being. Disasters are far greater threats to well-being than traditional estimates suggest. This approach provides a more nuanced view of natural disasters than usual reporting, and a perspective that takes fuller account of poor people’s vulnerabilities. Poor people suffer only a fraction of economic losses caused by disasters, but they bear the brunt of their consequences. Understanding the disproportionate vulnerability of poor people also makes the case for setting new intervention priorities to lessen the impact of natural disasters on the world’s poor, such as expanding financial inclusion, disaster risk and health insurance, social protection and adaptive safety nets, contingent finance and reserve funds, and universal access to early warning systems. Efforts to reduce disaster risk and poverty go hand in hand. Because disasters impoverish so many, disaster risk management is inseparable from poverty reduction policy, and vice versa. As climate change magnifies natural hazards, and because protection infrastructure alone cannot eliminate risk, a more resilient population has never been more critical to breaking the cycle of disaster-induced poverty.

Growth at Risk from Natural Disasters

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Publisher : International Monetary Fund
ISBN 13 : 1513597655
Total Pages : 25 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Growth at Risk from Natural Disasters by : Mr. Tamim Bayoumi

Download or read book Growth at Risk from Natural Disasters written by Mr. Tamim Bayoumi and published by International Monetary Fund. This book was released on 2021-09-17 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper analyzes the impact of natural disasters on per-capita GDP growth. Using a quantile regressions and growth-at-risk approach, the paper examines the impact of disasters and policy choices on the distribution of growth rather than simply its average. We find that countries that have in place disaster preparedness mechanisms and lower public debt have lower probability of witnessing a significant drop in growth as a consequence of a natural disaster, but our innovative methodology in this paper finds that the two policies are complements since their effectiveness vary across different disaster scenarios. While both are helpful for small to mid-size disasters, lower debt—and hence more fiscal space—is more beneficial in the face of very large disasters. A balanced strategy would thus involve both policies.

Climate Change and Natural Disasters

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Publisher : Transaction Publishers
ISBN 13 : 1412864526
Total Pages : 187 pages
Book Rating : 4.4/5 (128 download)

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Book Synopsis Climate Change and Natural Disasters by : Vinod Thomas

Download or read book Climate Change and Natural Disasters written by Vinod Thomas and published by Transaction Publishers. This book was released on 2017-01-31 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: The start of the new millennium will be remembered for deadly climate-related disasters—the great floods in Thailand in 2011, Super Storm Sandy in the United States in 2012, and Typhoon Haiyan in the Philippines in 2013, to name a few. In 2014, 17.5 million people were displaced by climate-related disasters, ten times more than the 1.7 million displaced by geophysical hazards. What is causing the increase in natural disasters and what effect does it have on the economy? Climate Change and Natural Disasters sends three messages: human-made factors exert a growing influence on climate-related disasters; because of the link to anthropogenic factors, there is a pressing need for climate mitigation; and prevention, including climate adaptation, ought not to be viewed as a cost to economic growth but as an investment. Ultimately, attention to climate-related disasters, arguably the most tangible manifestation of global warming, may help mobilize broader climate action. It can also be instrumental in transitioning to a path of low-carbon, green growth, improving disaster resilience, improving natural resource use, and caring for the urban environment. Vinod Thomas proposes that economic growth will become sustainable only if governments, political actors, and local communities combine natural disaster prevention and controlling climate change into national growth strategies. When considering all types of capital, particularly human capital, climate action can drive economic growth, rather than hinder it.

Disasters and History

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Publisher : Cambridge University Press
ISBN 13 : 1108752381
Total Pages : 243 pages
Book Rating : 4.1/5 (87 download)

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Book Synopsis Disasters and History by : Bas van Bavel

Download or read book Disasters and History written by Bas van Bavel and published by Cambridge University Press. This book was released on 2020-10-22 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disasters and History offers the first comprehensive historical overview of hazards and disasters. Drawing on a range of case studies, including the Black Death, the Lisbon earthquake of 1755 and the Fukushima disaster, the authors examine how societies dealt with shocks and hazards and their potentially disastrous outcomes. They reveal the ways in which the consequences and outcomes of these disasters varied widely not only between societies but also within the same societies according to social groups, ethnicity and gender. They also demonstrate how studying past disasters, including earthquakes, droughts, floods and epidemics, can provide a lens through which to understand the social, economic and political functioning of past societies and reveal features of a society which may otherwise remain hidden from view. This title is also available as Open Access on Cambridge Core.

Remote Sensing of Drought

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Publisher : CRC Press
ISBN 13 : 1439835578
Total Pages : 487 pages
Book Rating : 4.4/5 (398 download)

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Book Synopsis Remote Sensing of Drought by : Brian D. Wardlow

Download or read book Remote Sensing of Drought written by Brian D. Wardlow and published by CRC Press. This book was released on 2012-04-24 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remote Sensing of Drought: Innovative Monitoring Approaches presents emerging remote sensing-based tools and techniques that can be applied to operational drought monitoring and early warning around the world. The first book to focus on remote sensing and drought monitoring, it brings together a wealth of information that has been scattered throughout the literature and across many disciplines. Featuring contributions by leading scientists, it assembles a cross-section of globally applicable techniques that are currently operational or have potential to be operational in the near future. The book explores a range of applications for monitoring four critical components of the hydrological cycle related to drought: vegetation health, evapotranspiration, soil moisture and groundwater, and precipitation. These applications use remotely sensed optical, thermal, microwave, radar, and gravity data from instruments such as AMSR-E, GOES, GRACE, MERIS, MODIS, and Landsat and implement several advanced modeling and data assimilation techniques. Examples show how to integrate this information into routine drought products. The book also examines the role of satellite remote sensing within traditional drought monitoring, as well as current challenges and future prospects. Improving drought monitoring is becoming increasingly important in addressing a wide range of societal issues, from food security and water scarcity to human health, ecosystem services, and energy production. This unique book surveys innovative remote sensing approaches to provide you with new perspectives on large-area drought monitoring and early warning.

Mostly Harmless Econometrics

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Publisher : Princeton University Press
ISBN 13 : 0691120358
Total Pages : 392 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Mostly Harmless Econometrics by : Joshua D. Angrist

Download or read book Mostly Harmless Econometrics written by Joshua D. Angrist and published by Princeton University Press. This book was released on 2009-01-04 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: In addition to econometric essentials, this book covers important new extensions as well as how to get standard errors right. The authors explain why fancier econometric techniques are typically unnecessary and even dangerous.

Are External Shocks Responsible for the Instability of Output in Low Income Countries?

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4./5 ( download)

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Book Synopsis Are External Shocks Responsible for the Instability of Output in Low Income Countries? by : Claudio E. Raddatz

Download or read book Are External Shocks Responsible for the Instability of Output in Low Income Countries? written by Claudio E. Raddatz and published by World Bank Publications. This book was released on 2005 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: External shocks, such as commodity price fluctuations, natural disasters, and the role of the international economy, are often blamed for the poor economic performance of low-income countries. The author quantifies the impact of these different external shocks using a panel vector autoregression (VAR) approach and compares their relative contributions to output volatility in low-income countries vis-à-vis internal factors. He finds that external shocks can only explain a small fraction of the output variance of a typical low-income country. Internal factors are the main source of fluctuations. From a quantitative perspective, the output effect of external shocks is typically small in absolute terms, but significant relative to the historic performance of these countries.

Insurance Against Poverty

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Publisher : Oxford University Press
ISBN 13 : 0199276838
Total Pages : 484 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Insurance Against Poverty by : World Institute for Development Economics Research

Download or read book Insurance Against Poverty written by World Institute for Development Economics Research and published by Oxford University Press. This book was released on 2005 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poor people in developing countries are often affected by droughts, floods, illness, crop failure, job loss, and economic downturns. Much of their energy goes into coping with these shocks and into day-to-day survival. While insurance and credit markets, combined with widespread social security, provide an important cushion against poverty in rich countries, the need for immediate survival may lock the poor into persistent poverty in developing countries.The poor in developing countries do have informal mechanisms to cope with risk and misfortune. These are based on income diversification, risk avoidance, self-insurance by saving together with family, and community-based mutual assistance. Nevertheless, the scope of these mechanisms remains limited. Repeated individual-specific shocks such as illness or pests, or covariate risks associated with drought, flood, or recession, undermine the ability of individuals and their families to cope withrisk.We now know much more about vulnerability to risk and how poor people cope. Even more importantly, we have learned much about the large long-term consequences of these risks, which condemns many to persistent poverty and excludes them from economic growth. But there is much that can be done. The micro-level studies that underpin this book offer new insights on how effective public action could be more effective in protecting the vulnerable against persistent poverty. Policy should focus onproviding a comprehensive menu of ex-ante and post-crisis protection mechanisms, including new forms of insurance, savings, safety nets, and the means to strengthen the poor's asset base. Local communities have a big role to play: public funds should not be used to replace indigenous community-basedsupport networks; rather they should be used to build on the strengths of these networks to ensure broader and more effective protection.With numerous thematic chapters and case studies of both best practice and of failure, from a mix of low-income and middle-income countries across the developing world, this book evaluates alternatives in widening insurance and protection provision, and makes an important contribution to the topical field of insurance and risk.