Socioeconomic Resilience: Multi-Hazard Estimates in 117 Countries Hallegatte, Stephane Bangalore, Mook Vogt-Schilb, Adrien 2016-12-06T21:29:31Z 2016-12-06T21:29:31Z 2016-11
dc.description.abstract This paper presents a model to assess the socioeconomic resilience to natural disasters of an economy, defined as its capacity to mitigate the impact of disaster-related asset losses on welfare. The paper proposes a tool to help decision makers identify the most promising policy options to reduce welfare losses from natural disasters. Applied to riverine and storm surge floods, earthquakes, windstorms, and tsunamis in 117 countries, the model provides estimates of country-level socioeconomic resilience. Because hazards disproportionally affect poor people, each $1 of global natural disaster-related asset loss is equivalent to a $1.6 reduction in the affected country’s national income, on average. The model also assesses policy levers to reduce welfare losses in each country. It shows that considering asset losses is insufficient to assess disaster risk management policies. The same reduction in asset losses results in different welfare gains depending on who (especially poor or nonpoor households) benefits. And some policies, such as adaptive social protection, do not reduce asset losses, but still reduce welfare losses. Post-disaster transfers bring an estimated benefit of at least $1.30 per dollar disbursed in the 117 countries studied, and their efficiency is not very sensitive to targeting errors. en
dc.language English
dc.language.iso en_US
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Policy Research Working Paper;No. 7886
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.subject natural disasters
dc.subject vulnerability
dc.subject poverty
dc.subject wellbeing
dc.subject climate change
dc.subject disaster risk
dc.subject social protection
dc.subject targeting
dc.title Socioeconomic Resilience en
dc.title.subtitle Multi-Hazard Estimates in 117 Countries en
dc.type Working Paper en
dc.type Document de travail fr
dc.type Documento de trabajo es
dspace.entity.type Publication
okr.crossref.title Socioeconomic Resilience: Multi-Hazard Estimates in 117 Countries 2016-11-14
okr.doctype Publications & Research
okr.doctype Publications & Research :: Policy Research Working Paper
okr.identifier.doi 10.1596/1813-9450-7886
okr.identifier.externaldocumentum 090224b0846e17c7_1_0
okr.identifier.internaldocumentum 26931908 WPS7886
okr.imported true
okr.language.supported en
okr.pdfurl en
okr.statistics.combined 3295
okr.statistics.dr 885041478880630169
okr.statistics.drstats 1985
okr.topic Macroeconomics and Economic Growth :: Economic Theory & Research
okr.topic Conflict and Development :: Disaster Management
okr.topic Environment :: Natural Disasters
okr.topic Poverty Reduction :: Inequality
okr.topic Social Protections and Labor :: Social Protections & Assistance
okr.unit Global Facility for Disaster Reduction and Recovery (GFDRR) and the Climate Policy Team of the World Bank
relation.isAuthorOfPublication 2fea2b63-4a74-5fbd-b964-71ef895df009
relation.isAuthorOfPublication 464cf77e-5e05-5115-97fe-d40b61d3996e
relation.isSeriesOfPublication 26e071dc-b0bf-409c-b982-df2970295c87
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