How Economic Growth and Rational Decisions Can Make Disaster Losses Grow Faster Than Wealth

Assuming that capital productivity is higher in areas at risk from natural hazards (such as coastal zones or flood plains), this paper shows that rapid development in these areas -- and the resulting increase in disaster losses -- may be the conseq...

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Bibliographic Details
Main Author: Hallegatte, Stephane
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110329162349
http://hdl.handle.net/10986/3384

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