Publication: Syria Economic Monitor, Summer 2023: The Economic Aftershocks of Large Earthquakes

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Date
2023-09-01
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2023-09-01
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World Bank
Abstract
Twelve years into a devastating civil war, a one-in-two-century earthquake devastated northwestern Syria. The 7.6 Richter scale shock was the deadliest in Syria after the one that hit Aleppo in 1822. Using novel data sources, such as big data, this Syria Economic Monitor analyzes what happens to a conflict-affected economy in the months following a large natural disaster. The earthquake created large human losses and physical damages in the most contested areas of the country. The earthquake also had significant socioeconomic impacts, exacerbating preexisting vulnerabilities. However, funding shortfall and humanitarian constraints impede response efforts. As a consequence, economic contraction in Syria is likely to deepen further post-earthquake.
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World Bank. 2023. Syria Economic Monitor, Summer 2023: The Economic Aftershocks of Large Earthquakes. © Washington, DC: World Bank. http://hdl.handle.net/10986/40311 License: CC BY-NC 3.0 IGO.
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