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Do natural disasters boost economic growth?

Source(s): Cable News Network
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Photo by Flickr user, Annzstream, Creative Commons Attribution-NonCommercial-ShareAlike 2.0 Generic (CC BY-NC-SA 2.0)
Photo by Flickr user, Annzstream, Creative Commons Attribution-NonCommercial-ShareAlike 2.0 Generic (CC BY-NC-SA 2.0)

Pamela Boykoff from CNN looks at the economic impact of natural hazards further to data released by Statistics New Zealand that reveal an 0.8% increase in the economy during the quarter in which the Christchurch earthquake hit this year. She highlights a report by the World Bank on the subject.

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Last checked: 16 July 2021

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Hazards Earthquake
Themes Financing DRR
Country and region Japan New Zealand United States of America

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