FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3197465118> ?p ?o ?g. }

• W3197465118 abstract "An important challenge of natural hazards is that they inflict the greatest total economic damage in large, developed countries, where wealth is aggregated, but they create the greatest economic impact in smaller and developing countries, where a disaster caused by a natural hazard can easily overwhelm a national government’s ability to respond and its economy to recover. Thus, a common understanding in the literature is that the fiscal effect of a natural hazard is a function of the size of the disaster relative to the size of a nation’s economy at the time of the disaster. At the international level, the economic impact of disasters, for example, has been estimated to be US$2.9 trillion between 1998 and 2017, and approximately $945 billion of that occurred in the United States. With a 2019 gross domestic product (GDP) of $21 trillion, the total economic effect for those 20 years is close to 5% of the value of economic output for a single year. Developing country losses, on the other hand, can be overwhelming, especially as measured against the size of the economy. For example, Hurricane Maria’s impact on Dominica is estimated to have been approximately US$1.37 billion, which was equivalent to 225% of Dominica’s GDP. While an appreciation for the connection between the size of a national economy and natural hazards is clearly critical, the literature points to a number of additional factors that are important to understand about how government financial conditions are affected by natural hazards and vice versa. Debates continue about the role of foreign direct investment, government and private debt levels, investments in education, and internationally sponsored protective actions and insurance pools in improving the resilience of smaller and developing countries to disasters. For example, structural approaches to understanding the linkage between disasters and economic development suggest that countries with a limited number of sources of income have economies that are more vulnerable to disasters than more diversified economies, which might suggest that fiscal policies designed to increase economic diversity are important. Neoclassical approaches, on the other hand, argue that economic recovery is slowed by government intervention in the economy, and suggest that the best way for developing economies to recovery quickly is to reduce the amount of regulation in the economy. Whatever the theoretical approach, what remains most clear is the ongoing challenge of decoupling the emotional need to participate in responses to the human tragedy associated with disasters caused by natural hazards from the strategic imperative to invest in hazard mitigation at much higher rates globally and plan toward disaster risk reduction." @default.
• W3197465118 created "2021-09-13" @default.
• W3197465118 creator A5020234030 @default.
• W3197465118 creator A5040538115 @default.
• W3197465118 creator A5048195167 @default.
• W3197465118 creator A5086313616 @default.
• W3197465118 date "2021-08-31" @default.
• W3197465118 modified "2023-10-18" @default.
• W3197465118 title "Comparative Public Finance Approaches to Natural Hazards Management" @default.
• W3197465118 doi "https://doi.org/10.1093/acrefore/9780199389407.013.343" @default.
• W3197465118 hasPublicationYear "2021" @default.
• W3197465118 type Work @default.
• W3197465118 sameAs 3197465118 @default.
• W3197465118 citedByCount "0" @default.
• W3197465118 crossrefType "reference-entry" @default.
• W3197465118 hasAuthorship W3197465118A5020234030 @default.
• W3197465118 hasAuthorship W3197465118A5040538115 @default.
• W3197465118 hasAuthorship W3197465118A5048195167 @default.
• W3197465118 hasAuthorship W3197465118A5086313616 @default.
• W3197465118 hasConcept C114350782 @default.
• W3197465118 hasConcept C136264566 @default.
• W3197465118 hasConcept C138885662 @default.
• W3197465118 hasConcept C144133560 @default.
• W3197465118 hasConcept C153294291 @default.
• W3197465118 hasConcept C162324750 @default.
• W3197465118 hasConcept C166566181 @default.
• W3197465118 hasConcept C175444787 @default.
• W3197465118 hasConcept C178790620 @default.
• W3197465118 hasConcept C185592680 @default.
• W3197465118 hasConcept C188897 @default.
• W3197465118 hasConcept C205649164 @default.
• W3197465118 hasConcept C2778137410 @default.
• W3197465118 hasConcept C39410599 @default.
• W3197465118 hasConcept C41895202 @default.
• W3197465118 hasConcept C47768531 @default.
• W3197465118 hasConcept C49261128 @default.
• W3197465118 hasConcept C50522688 @default.
• W3197465118 hasConceptScore W3197465118C114350782 @default.
• W3197465118 hasConceptScore W3197465118C136264566 @default.
• W3197465118 hasConceptScore W3197465118C138885662 @default.
• W3197465118 hasConceptScore W3197465118C144133560 @default.
• W3197465118 hasConceptScore W3197465118C153294291 @default.
• W3197465118 hasConceptScore W3197465118C162324750 @default.
• W3197465118 hasConceptScore W3197465118C166566181 @default.
• W3197465118 hasConceptScore W3197465118C175444787 @default.
• W3197465118 hasConceptScore W3197465118C178790620 @default.
• W3197465118 hasConceptScore W3197465118C185592680 @default.
• W3197465118 hasConceptScore W3197465118C188897 @default.
• W3197465118 hasConceptScore W3197465118C205649164 @default.
• W3197465118 hasConceptScore W3197465118C2778137410 @default.
• W3197465118 hasConceptScore W3197465118C39410599 @default.
• W3197465118 hasConceptScore W3197465118C41895202 @default.
• W3197465118 hasConceptScore W3197465118C47768531 @default.
• W3197465118 hasConceptScore W3197465118C49261128 @default.
• W3197465118 hasConceptScore W3197465118C50522688 @default.
• W3197465118 hasLocation W31974651181 @default.
• W3197465118 hasOpenAccess W3197465118 @default.
• W3197465118 hasPrimaryLocation W31974651181 @default.
• W3197465118 hasRelatedWork W1141330 @default.
• W3197465118 hasRelatedWork W13417777 @default.
• W3197465118 hasRelatedWork W20325153 @default.
• W3197465118 hasRelatedWork W21528311 @default.
• W3197465118 hasRelatedWork W32845916 @default.
• W3197465118 hasRelatedWork W33807335 @default.
• W3197465118 hasRelatedWork W35817390 @default.
• W3197465118 hasRelatedWork W46132230 @default.
• W3197465118 hasRelatedWork W621940 @default.
• W3197465118 hasRelatedWork W977132 @default.
• W3197465118 isParatext "false" @default.
• W3197465118 isRetracted "false" @default.
• W3197465118 magId "3197465118" @default.
• W3197465118 workType "reference-entry" @default.