Weathering Storms : Understanding the Impact of Natural Disasters on the Poor in Central America

In the past decades, natural disasters have caused substantial human and economic losses in Central America, with strong adverse impacts on gross domestic product per capita, income, and poverty reduction. This study provides a regional perspective...

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Main Authors: Ishizawa, Oscar A., Miranda, Juan Jose
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/06/26422934/weathering-storms-understanding-impact-natural-disasters-poor-central-america
http://hdl.handle.net/10986/24528
id okr-10986-24528
recordtype oai_dc
spelling okr-10986-245282021-04-23T14:04:22Z Weathering Storms : Understanding the Impact of Natural Disasters on the Poor in Central America Ishizawa, Oscar A. Miranda, Juan Jose SANITATION IMPACTS OF HURRICANE POVERTY POVERTY RISKS HOUSEHOLD SURVEY HURRICANE INTENSITY IMPACT OF HURRICANES POVERTY REDUCTION ECONOMIC GROWTH STORM NATIONAL ACCOUNTS POVERTY REDUCTION STRATEGIES WIND SPEED INCOME POVERTY INCOME POVERTY RATES HOUSEHOLD CONSUMPTION STORMS ANNUAL GROWTH RATE CLIMATE RISK MANAGEMENT DEATH DISASTER HURRICANE DAMAGE MODELS DAMAGES INDIRECT ECONOMIC EFFECTS PRICE CONFLICT MEASURES HURRICANES POVERTY REDUCTION ECONOMIC ACTIVITY HURRICANE DAMAGE WELFARE INDICATORS RURAL POPULATIONS MAJOR HURRICANES RURAL HOUSEHOLDS RELIEF EXTREME POVERTY DEVELOPMENT ECONOMICS IMPACTS OF HURRICANE NATURAL DISASTER HURRICANE CENTER QUANTITATIVE ANALYSIS HOUSEHOLD HEAD HURRICANE IMPACT EFFECTS OF HURRICANES INDIRECT ECONOMIC EFFECTS NATURAL HAZARD NATURAL DISASTERS MAJOR HURRICANES HOUSEHOLD INCOME HOUSEHOLD SURVEYS DISASTERS EXOGENOUS INPUT CYCLONES IMPORTS WELFARE INDICATORS HOUSEHOLD WELFARE TROPICAL STORM CONSUMPTION DROUGHTS HUMAN CAPITAL RISK ASSESSMENT ECONOMIC IMPACT NATURAL HAZARDS EFFECTS OF HURRICANES DISASTER REDUCTION DISASTER RISK POLICIES INTENSITY OF HURRICANES BANK HOUSEHOLD SURVEYS INCOME POVERTY CLIMATE TROPICAL STORMS NATIONAL INCOME PER‐CAPITA INCOME HOUSEHOLD HEAD DAMAGE RELIEF EFFORTS NATURAL CATASTROPHE IMPACT OF DISASTERS TROPICAL STORMS RURAL POVERTY POVERTY EFFECTS OF HURRICANE MARKET ENVIRONMENTAL CATASTROPHE HUMAN DEVELOPMENT POVERTY REDUCTION STRATEGIES POLICY MONETARY TERMS MONETARY TERMS TARGETING TROPICAL STORM IMPACT OF HURRICANES RURAL HOUSEHOLDS RURAL AREAS HURRICANE EXTREME POVERTY ECONOMIC IMPACTS RISK CLIMATE RISK MANAGEMENT WIND SPEEDS WIND SPEEDS RURAL AREAS POVERTY HOUSEHOLD CONSUMPTION DEVELOPMENT ECONOMICS RISK MANAGEMENT INTENSITY OF HURRICANES HOUSEHOLD WELFARE POOR DISASTER RISK RISK MANAGEMENT INTENSITY OF STORMS EXOGENOUS INPUT ECONOMIC GROWTH IMPACTS OF HURRICANES NATURAL HAZARDS WIND SPEED RELIEF EFFORTS IMPACT OF HURRICANES RISK ASSESSMENT RECONSTRUCTION ENVIRONMENTAL DISASTER HUMAN DEVELOPMENT NATURAL DISASTERS HOUSEHOLD SURVEY In the past decades, natural disasters have caused substantial human and economic losses in Central America, with strong adverse impacts on gross domestic product per capita, income, and poverty reduction. This study provides a regional perspective on the impact of hurricane windstorms on socioeconomic measures in the short term. Apart from modeling the socioeconomic impact at the macro and micro levels, the study incorporates and juxtaposes data from a hurricane windstorm model categorizing three hurricane damage indexes, which lends a higher level of detail, nuance, and therefore accuracy and comprehensiveness to the study. One standard deviation in the intensity of a hurricane windstorm leads to a decrease in growth of total per capita gross domestic product of between 0.9 and 1.6 percent, and a decrease in total income and labor income by 3 percent, which in turn increases moderate and extreme poverty by 1.5 percentage points. These results demonstrate the causal relationship between hurricane windstorm impacts and poverty in Central America, producing regional evidence that could improve targeting of disaster risk management policies toward those most impacted and thus whose needs are greatest. 2016-06-14T20:20:11Z 2016-06-14T20:20:11Z 2016-06 Working Paper http://documents.worldbank.org/curated/en/2016/06/26422934/weathering-storms-understanding-impact-natural-disasters-poor-central-america http://hdl.handle.net/10986/24528 English en_US Policy Research Working Paper;No. 7692 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Latin America & Caribbean Central America
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic SANITATION
IMPACTS OF HURRICANE
POVERTY POVERTY
RISKS
HOUSEHOLD SURVEY
HURRICANE INTENSITY
IMPACT OF HURRICANES
POVERTY REDUCTION
ECONOMIC GROWTH
STORM
NATIONAL ACCOUNTS
POVERTY REDUCTION STRATEGIES
WIND SPEED
INCOME POVERTY
INCOME
POVERTY RATES
HOUSEHOLD CONSUMPTION
STORMS
ANNUAL GROWTH RATE
CLIMATE RISK MANAGEMENT
DEATH
DISASTER
HURRICANE DAMAGE
MODELS
DAMAGES
INDIRECT ECONOMIC EFFECTS
PRICE
CONFLICT
MEASURES
HURRICANES
POVERTY REDUCTION
ECONOMIC ACTIVITY
HURRICANE DAMAGE
WELFARE INDICATORS
RURAL POPULATIONS
MAJOR HURRICANES
RURAL HOUSEHOLDS
RELIEF
EXTREME POVERTY
DEVELOPMENT ECONOMICS
IMPACTS OF HURRICANE
NATURAL DISASTER
HURRICANE CENTER
QUANTITATIVE ANALYSIS
HOUSEHOLD HEAD
HURRICANE IMPACT
EFFECTS OF HURRICANES
INDIRECT ECONOMIC EFFECTS
NATURAL HAZARD
NATURAL DISASTERS
MAJOR HURRICANES
HOUSEHOLD INCOME
HOUSEHOLD SURVEYS
DISASTERS
EXOGENOUS INPUT
CYCLONES
IMPORTS
WELFARE INDICATORS
HOUSEHOLD WELFARE
TROPICAL STORM
CONSUMPTION
DROUGHTS
HUMAN CAPITAL
RISK ASSESSMENT
ECONOMIC IMPACT
NATURAL HAZARDS
EFFECTS OF HURRICANES
DISASTER REDUCTION
DISASTER RISK
POLICIES
INTENSITY OF HURRICANES
BANK
HOUSEHOLD SURVEYS
INCOME POVERTY
CLIMATE
TROPICAL STORMS
NATIONAL INCOME
PER‐CAPITA INCOME
HOUSEHOLD HEAD
DAMAGE
RELIEF EFFORTS
NATURAL CATASTROPHE
IMPACT OF DISASTERS
TROPICAL STORMS
RURAL
POVERTY POVERTY
EFFECTS OF HURRICANE
MARKET
ENVIRONMENTAL CATASTROPHE
HUMAN DEVELOPMENT
POVERTY REDUCTION STRATEGIES
POLICY
MONETARY TERMS
MONETARY TERMS
TARGETING
TROPICAL STORM
IMPACT OF HURRICANES
RURAL HOUSEHOLDS
RURAL AREAS
HURRICANE
EXTREME POVERTY
ECONOMIC IMPACTS
RISK
CLIMATE RISK MANAGEMENT
WIND SPEEDS
WIND SPEEDS
RURAL AREAS
POVERTY
HOUSEHOLD CONSUMPTION
DEVELOPMENT ECONOMICS
RISK MANAGEMENT
INTENSITY OF HURRICANES
HOUSEHOLD WELFARE
POOR
DISASTER RISK
RISK MANAGEMENT
INTENSITY OF STORMS
EXOGENOUS INPUT
ECONOMIC GROWTH
IMPACTS OF HURRICANES
NATURAL HAZARDS
WIND SPEED
RELIEF EFFORTS
IMPACT OF HURRICANES
RISK ASSESSMENT
RECONSTRUCTION
ENVIRONMENTAL DISASTER
HUMAN DEVELOPMENT
NATURAL DISASTERS
HOUSEHOLD SURVEY
spellingShingle SANITATION
IMPACTS OF HURRICANE
POVERTY POVERTY
RISKS
HOUSEHOLD SURVEY
HURRICANE INTENSITY
IMPACT OF HURRICANES
POVERTY REDUCTION
ECONOMIC GROWTH
STORM
NATIONAL ACCOUNTS
POVERTY REDUCTION STRATEGIES
WIND SPEED
INCOME POVERTY
INCOME
POVERTY RATES
HOUSEHOLD CONSUMPTION
STORMS
ANNUAL GROWTH RATE
CLIMATE RISK MANAGEMENT
DEATH
DISASTER
HURRICANE DAMAGE
MODELS
DAMAGES
INDIRECT ECONOMIC EFFECTS
PRICE
CONFLICT
MEASURES
HURRICANES
POVERTY REDUCTION
ECONOMIC ACTIVITY
HURRICANE DAMAGE
WELFARE INDICATORS
RURAL POPULATIONS
MAJOR HURRICANES
RURAL HOUSEHOLDS
RELIEF
EXTREME POVERTY
DEVELOPMENT ECONOMICS
IMPACTS OF HURRICANE
NATURAL DISASTER
HURRICANE CENTER
QUANTITATIVE ANALYSIS
HOUSEHOLD HEAD
HURRICANE IMPACT
EFFECTS OF HURRICANES
INDIRECT ECONOMIC EFFECTS
NATURAL HAZARD
NATURAL DISASTERS
MAJOR HURRICANES
HOUSEHOLD INCOME
HOUSEHOLD SURVEYS
DISASTERS
EXOGENOUS INPUT
CYCLONES
IMPORTS
WELFARE INDICATORS
HOUSEHOLD WELFARE
TROPICAL STORM
CONSUMPTION
DROUGHTS
HUMAN CAPITAL
RISK ASSESSMENT
ECONOMIC IMPACT
NATURAL HAZARDS
EFFECTS OF HURRICANES
DISASTER REDUCTION
DISASTER RISK
POLICIES
INTENSITY OF HURRICANES
BANK
HOUSEHOLD SURVEYS
INCOME POVERTY
CLIMATE
TROPICAL STORMS
NATIONAL INCOME
PER‐CAPITA INCOME
HOUSEHOLD HEAD
DAMAGE
RELIEF EFFORTS
NATURAL CATASTROPHE
IMPACT OF DISASTERS
TROPICAL STORMS
RURAL
POVERTY POVERTY
EFFECTS OF HURRICANE
MARKET
ENVIRONMENTAL CATASTROPHE
HUMAN DEVELOPMENT
POVERTY REDUCTION STRATEGIES
POLICY
MONETARY TERMS
MONETARY TERMS
TARGETING
TROPICAL STORM
IMPACT OF HURRICANES
RURAL HOUSEHOLDS
RURAL AREAS
HURRICANE
EXTREME POVERTY
ECONOMIC IMPACTS
RISK
CLIMATE RISK MANAGEMENT
WIND SPEEDS
WIND SPEEDS
RURAL AREAS
POVERTY
HOUSEHOLD CONSUMPTION
DEVELOPMENT ECONOMICS
RISK MANAGEMENT
INTENSITY OF HURRICANES
HOUSEHOLD WELFARE
POOR
DISASTER RISK
RISK MANAGEMENT
INTENSITY OF STORMS
EXOGENOUS INPUT
ECONOMIC GROWTH
IMPACTS OF HURRICANES
NATURAL HAZARDS
WIND SPEED
RELIEF EFFORTS
IMPACT OF HURRICANES
RISK ASSESSMENT
RECONSTRUCTION
ENVIRONMENTAL DISASTER
HUMAN DEVELOPMENT
NATURAL DISASTERS
HOUSEHOLD SURVEY
Ishizawa, Oscar A.
Miranda, Juan Jose
Weathering Storms : Understanding the Impact of Natural Disasters on the Poor in Central America
geographic_facet Latin America & Caribbean
Central America
relation Policy Research Working Paper;No. 7692
description In the past decades, natural disasters have caused substantial human and economic losses in Central America, with strong adverse impacts on gross domestic product per capita, income, and poverty reduction. This study provides a regional perspective on the impact of hurricane windstorms on socioeconomic measures in the short term. Apart from modeling the socioeconomic impact at the macro and micro levels, the study incorporates and juxtaposes data from a hurricane windstorm model categorizing three hurricane damage indexes, which lends a higher level of detail, nuance, and therefore accuracy and comprehensiveness to the study. One standard deviation in the intensity of a hurricane windstorm leads to a decrease in growth of total per capita gross domestic product of between 0.9 and 1.6 percent, and a decrease in total income and labor income by 3 percent, which in turn increases moderate and extreme poverty by 1.5 percentage points. These results demonstrate the causal relationship between hurricane windstorm impacts and poverty in Central America, producing regional evidence that could improve targeting of disaster risk management policies toward those most impacted and thus whose needs are greatest.
format Working Paper
author Ishizawa, Oscar A.
Miranda, Juan Jose
author_facet Ishizawa, Oscar A.
Miranda, Juan Jose
author_sort Ishizawa, Oscar A.
title Weathering Storms : Understanding the Impact of Natural Disasters on the Poor in Central America
title_short Weathering Storms : Understanding the Impact of Natural Disasters on the Poor in Central America
title_full Weathering Storms : Understanding the Impact of Natural Disasters on the Poor in Central America
title_fullStr Weathering Storms : Understanding the Impact of Natural Disasters on the Poor in Central America
title_full_unstemmed Weathering Storms : Understanding the Impact of Natural Disasters on the Poor in Central America
title_sort weathering storms : understanding the impact of natural disasters on the poor in central america
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/06/26422934/weathering-storms-understanding-impact-natural-disasters-poor-central-america
http://hdl.handle.net/10986/24528
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