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Natural Hazards, Unnatural Disasters
February 07, 2012
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Somewhere I stumbled across a reference to the book Natural Hazards, Unnatural Disasters: The Economics of Effective Prevention which was published by the World Bank, United Nations.

 

An economic look at disasters sounds like heavy reading, but the reviews seem to suggest that it is an easy read.  Published in 2010 it is not that old and probably very relevant to our current world circumstances.  Interesting use of the word "prevention" which has generally been used here in the USA to mean terrorist prevention while mitigation has been the natural hazards word for reducing the impact of disasters.   

 

The book summary states:  

Earthquakes, droughts, floods, and storms are natural hazards, but unnatural disasters are the deaths and damages that result from human acts of omission and commission. Every disaster is unique, but each exposes actions--by individuals and governments at different levels--that, had they been different, would have resulted in fewer deaths and less damage. Prevention is possible, and this book examines what it takes to do this cost-effectively.

Natural Hazards, UnNatural Disasters looks at disasters primarily through an economic lens. Economists emphasize self-interest to explain how people choose the amount of prevention, insurance, and coping. But lenses can distort as well as sharpen images, so the book also draws from other disciplines: psychology to examine how people may misperceive risks, political science to understand voting patterns, and nutrition science to see how stunting in children after a disaster impairs cognitive abilities and productivity as adults much later. It asks not only the tough questions, but some unexpected ones as well: Should all disasters be prevented? Do disasters increase or decrease conflict? Does foreign aid help or hinder prevention? The answers are not obvious. Peering into the future, it finds that growing cities and a changing climate will shape the disaster prevention landscape. While it is cautious about the future, it is not alarmist.

 

The book is also available on Amazon.com and the price is right.

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