Leader Survival and Natural Disasters

Natural Disasters, Industrial Clusters and Manufacturing Plant Survival

In this paper, we examine the role of industrial clusters and infrastructure in mitigating or magnifying the impact of the 1995 Kobe earthquake on the survival of manufacturing plants and their post-earthquake economic performance. Our methodological approach is to use information on building-level and infrastructure damages and other plant and buildingcharacteristics including district-level v...

poverty and natural disasters

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Natural Disasters

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...

Globalization and Natural Disasters: An

The increased global exchange of merchandise, services, and capital is a key characteristic of the contemporary business environment. International firms position themselves to gain competitive advantage from opportunities offered in this larger and more open economic system. Similarly, governments reap rewards from firms that establish operations within their borders. There are strong argument...