FEEM Re3, new article on: “Economic Growth and Risk Taking: Is it Rational to Suffer from Increasing Disaster Losses?”

Every year natural disasters affect the lives of people in both rich and poor countries. This article by Stéphane Hallegate, World Bank,  investigates the link between development, economic growth, and the economic losses from natural hazards, underlining the need for crisis management and post-disaster support schemes, especially at an international level, to increase resilience.