The Indirect Cost of Natural Disasters and an Economic Definition of Macroeconomic Resilience

The Indirect Cost of Natural Disasters and an Economic Definition of Macroeconomic Resilience

The welfare impact of a disaster does not depend only on the physical characteristics of the event or its direct impacts in terms of lost lives and assets. Depending on the ability of the economy to cope, recover, and reconstruct, the reconstructio...

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Bibliographic Details
Main Author: Hallegatte, Stephane
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
ECONOMIC SITUATION
RISKS
GENERAL EQUILIBRIUM ANALYSIS
ECONOMIC GROWTH
STORM
DISASTER RISK REDUCTION
FINANCIAL RETURNS
PRODUCTION
PRICE INCREASES
SUPPLY CURVE
RISK REDUCTION
DISASTER SITUATIONS
INCOME
INTEREST
PROBABILITY OF OCCURRENCE
EXPECTATIONS
STORMS
ECONOMETRIC ANALYSES
INTEREST RATE
EXPORTS
POLITICAL ECONOMY
REVENUES
WELFARE
SUPPLY CURVES
EQUILIBRIUM
MODELS
DISASTER
DISTRIBUTIONAL EFFECTS
MARGINAL PRODUCTIVITY
DAMAGES
PRICE
INPUTS
ECONOMIC EQUILIBRIUM
PAYMENTS
WEALTH
RISK AVERSE
ECONOMIC LOSS
VALUE OF OUTPUT
HURRICANES
SAFETY NETS
SMALL BUSINESS
PRESENT VALUE
REDISTRIBUTIVE EFFECTS
INFLUENCE
CONSUMER SURPLUS
TSUNAMI
PRODUCTION FUNCTION
NATURAL DISASTER
MORAL HAZARD
FLOODS
RENT
PRODUCTIVITY
ECONOMETRICS
EXTERNALITIES
NATURAL DISASTERS
DEMAND CURVES
CRITERIA
MARKETS
DEBT
ADVERSE CONSEQUENCES
DISASTERS
DIRECT VALUE
DISASTER REDUCTION
TAX REVENUES
ECONOMIC MODELS
INVENTORIES
UTILITY
DISCOUNTED VALUE
GROSS DOMESTIC PRODUCT
FINANCE
ECONOMIC RESEARCH
POSITIVE EXTERNALITY
EQUILIBRIUM ANALYSIS
GROWTH THEORIES
TOTAL OUTPUT
EXTERNALITY
DROUGHTS
BENEFIT‐COST ANALYSIS
CONSUMPTION
EARTHQUAKE
ASSET VALUE
CAPITAL
WAGES
DISASTER RISK
CLIMATE CHANGE
VALUE
ECONOMIC VALUE
PRODUCTION FUNCTIONS
CREDIT
EXTREME EVENTS
DISASTER RISK FINANCING
CLIMATE
ECONOMIC SECTORS
DEMAND
NATIONAL INCOME
PRODUCTIVE ASSETS
CONSUMERS
ECONOMY
DEMAND CURVE
MEASUREMENT
ASSETS
MARKET
ECONOMIC THEORY
FLOOD
PRICE INCREASE
EMERGENCY SERVICES
POLICY
ECONOMIC SYSTEMS
INSURANCE
BUSINESS CYCLES
TRADE
GDP
GOODS
THEORY
AVERAGE PRODUCTIVITY
HURRICANE
ACCIDENTS
SUPPLY
ECONOMIC INDICATORS
INVESTMENTS
RISK MANAGEMENT
INSURANCE COMPANIES
LAND‐USE
COST ANALYSIS
PRICES
ECONOMIC STATISTICS
RECONSTRUCTION
BENEFITS
ECONOMIC PERSPECTIVE
DEVELOPMENT POLICY
Online Access:http://documents.worldbank.org/curated/en/2015/07/24744802/indirect-cost-natural-disasters-economic-definition-macroeconomic-resilience
http://hdl.handle.net/10986/22238

Internet

http://documents.worldbank.org/curated/en/2015/07/24744802/indirect-cost-natural-disasters-economic-definition-macroeconomic-resilience
http://hdl.handle.net/10986/22238

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