Publication: Working Paper -
Author:Jeff Dayton-Johnson -Publisher: OECD Development Centre;Natural disasters damage well-being, both in their immediate
and long-term aftermath, and because the insecurity of exposure to
disasters is in itself harmful to risk-averse people. As such,
mitigating and coping with the risk of natural disasters is a
pressing issue for economic development. This paper provides a
conceptual framework for understanding natural disasters.
Disasters, which imply tragic human costs, are distinguished from
hazards, which are events like earthquakes or flooding: hazards
only translate into disasters when societies are vulnerable to
them. Consequently international development policy can play a role
in reducing the costs of disasters by addressing vulnerability.
READ MORE
0 Comments