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The confounding economics of natural disaster shocks

Mutter, John Colin

Earthquakes, hurricanes, floods and other such disasters all cause damage in relatively restricted areas so unless the disaster makes a direct hit on an industry that is particularly critical to a country’s economy, production in the rest of the country can often buffer the effect.

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OECD Insights Blog
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OECD

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Lamont-Doherty Earth Observatory
Published Here
August 9, 2011