The indirect cost of natural disasters and an economic definition of macroeconomic resilience (English)

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 reconstruction will be more or less difficult, and the welfare effects smaller or larger. This ability, which can be referred to as the macroeconomic resilience of the economy to natural disasters, is an important parameter...

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Author

Hallegatte,Stephane;
Document Date
2015/07/02
Document Type
Policy Research Working Paper
Report Number
WPS7357
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2015/07/02
Disclosure Status
Disclosed
Doc Name
The indirect cost of natural disasters and an economic definition of macroeconomic resilience
Keywords
finance and markets

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Citation

Hallegatte,Stephane.

The indirect cost of natural disasters and an economic definition of macroeconomic resilience (English). Policy Research working paper|no. WPS 7357 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/186631467998501319

The indirect cost of natural disasters and an economic definition of macroeconomic resilience (English)

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