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NaturalHazardsUnNaturalDisasters_TheEconomicsofEffectivePrevention.pdf

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Public�tion: N�tur�l H���rds, UnN�tur�l Dis�st�rs : Th� Economics of Eff�ctiv� Pr�v�ntion cb

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D�t�

2010-11-01

Publish�d

2010-11-01

Author(s)

World Bank

United Nations

    

Abstr�ct

This report synthesizes knowledge about the e�ects of natural

hazards on human welfare, particularly in its economic aspects. It

is a remarkable combination of case studies, data on many scales,

and the application of economic principles to the problems posed

by earthquakes, abnormal weather, and the like. It provides a

deep understanding of the relative roles of the market,

government intervention, and social institutions in determining

and improving both the prevention and the response to

hazardous occurrences. The report looks at disasters primarily

through an economic lens. Economists emphasize self-interest to

explain how people choose the amount of prevention, insurance,

and coping. But lenses can distort as well as sharpen images, so

the report also draws from other disciplines: psychology to

examine how people may misperceive risks, political science to

understand voting patterns, and nutrition science to see how

stunting in children after a disaster impairs cognitive abilities and

productivity as adults much later. Peering into the future, the

report shows that growing cities will increase exposure to

hazards, but that vulnerability will not rise if cities are better

managed. The intensities and frequencies of hazards in the

coming decades will change with the climate, and the report

examines this complicated and contentious subject,

acknowledging all the limitations of data and science.

Cit�tion

“World Bank; United Nations. 2010. Natural Hazards, UnNatural

Disasters : The Economics of E�ective Prevention. © World Bank.

http://hdl.handle.net/10986/2512 License: CC BY 3.0 IGO.”

URI

http://hdl.handle.net/10986/2512

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