literature does not offer conclusive evidence. Most existing studies use disaster data drawn from damage records of insurance … GDP. We build a comprehensive database of disaster events and their intensities from primary geophysical and … effect of disasters on growth. The worst 5% disaster years come with a growth damage of at least 0.45 percentage points. That …

from natural hazards. Increasing investments in disaster risk reduction have led to a significant reduction in human …, making average disaster losses grow with income. In the future, larger resources and better defenses are likely to make … ability to deal with and recover from the rare events that exceed protection capacity. Crisis management and post-disaster …

fiscal policy efforts such as ad hoc fiscal rebalancing and reprioritization. The findings help better customize disaster …

remittances increase after a disaster, thus contributing ex post to the reconstruction process. At the same time, we find that …

probability of disaster occurrence to decrease with income; (ii) the capital at risk - and thus the economic losses in case of … disaster - to increase faster than economic growth; (iii) the average annual losses to grow faster than income at low levels of … observation of a trend in disaster losses should not be confused with the presence of excessive risk taking. In a descriptive …

Climate-related natural disaster shocks are expected to rise as the earth is getting warmer, which will adversely … of development gains and exacerbate inequality. To cope with increasing disaster risks, both short-term adaptation … strategies like relocation, government transfers, and other social safety nets, as well as long-term strategies like disaster …