Posts Tagged ‘disasters’

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    Disaster Economics

    Mar 19, 11 • 115 Views • Businesses, Developing Economies, Economic History, Economic Thinkers, Environment, Government, Macroeconomic MeasurementNo Comments

    Assume an economy has been steadily growing. Then a natural disaster strikes, maybe a hurricane, an earthquake, or a tsunami. How is growth affected? While conclusions differ slightly, the consensus indicates that after 5 years and sometimes much sooner,...