Normalizing Economic Loss from Natural Disasters : A Global Analysis Accepted for publication and forthcoming in Global Environmental Change

@inproceedings{Neumayer2010NormalizingEL,
  title={Normalizing Economic Loss from Natural Disasters : A Global Analysis Accepted for publication and forthcoming in Global Environmental Change},
  author={Eric Neumayer and Fabian Barthel},
  year={2010}
}
Climate change is likely to lead to an increase in the frequency and/or intensity of certain types of natural hazards, if not globally, then at least in certain regions. All other things equal, this should lead to an increase in the economic toll from natural disasters over time. Yet, all other things are not equal since affected areas become wealthier over time and rational individuals and go vernments undertake defensive mitigation measures, which requires normalizing eco nomic losses if one… CONTINUE READING
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