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This report moves beyond asset and production losses and shifts its attention to how natural disasters affect people's well-being. Disasters are far greater threats to wellbeing than traditional estimates suggest. This approach provides a more nuanced view of natural disasters than usual reporting, and a perspective that takes fuller account of poor people's vulnerabilities.
This book explores economic concepts related to disaster losses, describes mechanisms that determine the economic consequences of a disaster, and reviews methodologies for making decisions regarding risk management and adaptation.
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