An exploration of the link between development, economic growth, and natural risk (English)

This paper investigates the link between development, economic growth, and the economic losses from natural disasters in a general analytical framework, with an illustration on hurricane flood risks in New Orleans. It concludes that, where capital accumulates through increased density of capital at risk in a given area, (i) the probability of disaster occurrence decreases with income; (ii) capital at risk – and thus economic losses in case of disaster...

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Author

Hallegatte,Stephane;
Document Date
2012/10/01
Document Type
Policy Research Working Paper
Report Number
WPS6216
Volume No
1
Total Volume(s)
1
Country
United States, World,
Region
Other,
Disclosure Date
2012/10/01
Disclosure Status
Disclosed
Doc Name
An exploration of the link between development, economic growth, and natural risk
Keywords
capital at risk

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Citation

Hallegatte,Stephane.

An exploration of the link between development, economic growth, and natural risk (English). Policy Research working paper ; no. WPS 6216 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/171031468183862550

An exploration of the link between development, economic growth, and natural risk (English)

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