Disasters and Development: Natural Disasters, Credit Constraints and Economic Growth

Disasters and Development: Natural Disasters, Credit Constraints and Economic Growth

We demonstrate, using a simple two-period equilibrium model of the economy, the potential effects of extreme event occurrences such as natural or humanitarian disasters on economic growth over the mediumto long-term. In particular, we focus on the effect of such shocks on investment. We examine two polar cases; an unconstrained economy where agents have access to perfect capital markets, versus...

poverty and natural disasters

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Natural Disasters

Economic Crises and Natural Disasters: Coping Strategies and Policy Implications

— This paper reviews 12 studies presented at a conference examining two broad themes: (a) the interplay between household coping strategies and the impact of crises and natural disasters on various dimensions of well-being (e.g., consumption and child nutrition); and (b) some of the exante and ex-post strategies that public agencies can adopt so they can be more effective in protecting househol...

The Effects of Natural Disasters and Economic Volatility on Fertility

This paper examines whether economic or environmental instability affects fertility. My identification strategy uses regional data to exploit the natural variation within each of the two countries I examine: one European country—Italy—and one Asian country—Japan. I use the variance of the detrended wage to measure economic volatility; the crude birth rate to measure demographic risk; and the nu...