Macroeconomic Implications of Natural Disasters in the Caribbean

Macroeconomic Implications of Natural Disasters in the Caribbean
Each year natural disasters affect about 200 million people and cause about $50 billion in damage. This paper compares the incidence of natural disasters across countries along several dimensions and finds that the relative costs tend to be far higher in developing countries than in advanced economies. The analysis shows that small island states... READ MORE...

Publication date: December 2004
ISBN 9781451875355
$15.00

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