"Contextualizing Disaster" offers a comparative analysis of six recent highly visible disasters and several slow-burning, hidden, crises that include typhoons, tsunamis, earthquakes, chemical spills, ...and the unfolding consequences of rising seas and climate change. The book argues that, while disasters are increasingly represented by the media as unique, exceptional, newsworthy events, it is a mistake to think of disasters as isolated or discrete occurrences. Rather, building on insights developed by political ecologists, this book makes a compelling argument for understanding disasters as transnational and global phenomena.
Climate change has increased the frequency and intensity of natural disasters. Does this translate into increased economic damages? To date, empirical assessments of damage trends have been ...inconclusive. Our study demonstrates a temporal increase in extreme damages, after controlling for a number of factors. We analyze event-level data using quantile regressions to capture patterns in the damage distribution (not just its mean) and find strong evidence of progressive rightward skewing and tail-fattening over time. While the effect of time on averages is hard to detect, effects on extreme damages are large, statistically significant, and growing with increasing percentiles. Our results are consistent with an upwardly curved, convex damage function, which is commonly assumed in climate-economics models. They are also robust to different specifications of control variables and time range considered and indicate that the risk of extreme damages has increased more in temperate areas than in tropical ones. We use simulations to show that underreporting bias in the data does not weaken our inferences; in fact, it may make them overly conservative.
This Intergovernmental Panel on Climate Change Special Report (IPCC-SREX) explores the challenge of understanding and managing the risks of climate extremes to advance climate change adaptation. ...Extreme weather and climate events, interacting with exposed and vulnerable human and natural systems, can lead to disasters. Changes in the frequency and severity of the physical events affect disaster risk, but so do the spatially diverse and temporally dynamic patterns of exposure and vulnerability. Some types of extreme weather and climate events have increased in frequency or magnitude, but populations and assets at risk have also increased, with consequences for disaster risk. Opportunities for managing risks of weather- and climate-related disasters exist or can be developed at any scale, local to international. Prepared following strict IPCC procedures, SREX is an invaluable assessment for anyone interested in climate extremes, environmental disasters and adaptation to climate change, including policymakers, the private sector and academic researchers.
Economic losses from natural disasters have been increasing in recent decades. This has been attributed mainly to population and economic growth in disaster-prone areas. Future natural disaster ...losses are expected to increase due to a continued increase in economic exposure and climate change. This highlights the importance of designing policies that can mitigate the impacts of these disasters on the economy and society. A rapidly expanding literature has estimated the direct (e.g., property damage) and indirect (e.g., gross domestic product growth, trade) economic impacts of natural disasters. This article reviews this emerging literature. We synthesize the main theoretical, computational, and empirical methods used, summarize key findings on the economic impacts of natural disasters, and discuss factors that have been found to mitigate disaster impacts. We conclude by identifying lessons for policymakers and outlining an agenda for future research in this field.
Disasters and History van Bavel, Bas; Curtis, Daniel; Dijkman, Jessica ...
10/2020
eBook
Odprti dostop
This monograph provides an overview of research into disasters from a historical perspective, making two new contributions. First, it introduces the field of ‘disaster studies’ to history, showing ...how we can use history to better understand how societies deal with shocks and hazards and their potentially disastrous outcomes. Second, we introduce historians to the topic of disasters and the field of disaster studies, and explicitly show the relevance of studying past disasters to better understand the social, economic, and political functioning of past societies.
Abstract
Religious beliefs potentially influence individual behaviour. But why are some societies more religious than others? One possible answer is religious coping: individuals turn to religion to ...deal with unbearable and unpredictable life events. To investigate whether coping can explain global differences in religiosity, I combine a global dataset on individual-level religiosity with spatial data on natural disasters. Individuals become more religious if an earthquake recently hit close by. Even though the effect decreases after a while, data on children of immigrants reveal a persistent effect across generations. The results point to religious coping as the main mediating channel, but alternative explanations such as mutual insurance or migration cannot be ruled out entirely. The findings may help explain why religiosity has not vanished as some scholars once predicted.
The nexus between extreme events and energy price risk is of great importance in energy finance analysis due to the fact that those events generally exert strong impacts on energy financial risk. For ...a better estimation of the influence of extreme events on energy price risk, this research employs long span daily data from April 1, 1983 to December 30, 2019 and find first that both natural and human extreme events significantly increase oil price risk. Second, among all natural disasters, we find that the negative impact of an epidemic on oil price risk is the greatest. After replacing the measurement indicators of extreme events, re-estimating the models for two subsamples, using different data frequencies of weekly data and monthly data and using SVAR model to further analyze the relationship between extreme events and oil price risk, the above conclusions are still robust. Third, we also used natural gas price risk as a substitute variable for energy price risk, and found that the occurrence of natural disasters increases natural gas price risk, but terrorism has no significant impact on it.
•This paper investigates the relation between extreme events and energy price risk.•Using long span daily data from April 1, 1983 to December 30, 2019.•The results show that both natural and human extreme events significantly increase oil price risk.•Among all natural disasters, the negative impact of an epidemic on oil price risk is the greatest.
Even before the wreckage of a disaster is cleared, one question is foremost in the minds of the public: "What can be done to prevent this from happening again?" Today, news media and policymakers ...often invoke the "lessons of September 11" and the "lessons of Hurricane Katrina." Certainly, these unexpected events heightened awareness about problems that might have contributed to or worsened the disasters, particularly about gaps in preparation. Inquiries and investigations are made that claim that "lessons" were "learned" from a disaster, leading us to assume that we will be more ready the next time a similar threat looms, and that our government will put in place measures to protect us. In Lessons of Disaster, Thomas Birkland takes a critical look at this assumption. We know that disasters play a role in setting policy agendas—in getting policymakers to think about problems—but does our government always take the next step and enact new legislation or regulations? To determine when and how a catastrophic event serves as a catalyst for true policy change, the author examines four categories of disasters: aviation security, homeland security, earthquakes, and hurricanes. He explores lessons learned from each, focusing on three types of policy change: change in the larger social construction of the issues surrounding the disaster; instrumental change, in which laws and regulations are made; and political change, in which alliances are created and shifted. Birkland argues that the type of disaster affects the types of lessons learned from it, and that certain conditions are necessary to translate awareness into new policy, including media attention, salience for a large portion of the public, the existence of advocacy groups for the issue, and the preexistence of policy ideas that can be drawn upon. This timely study concludes with a discussion of the interplay of multiple disasters, focusing on the initial government response to Hurricane Katrina and the negative effect the September 11 catastrophe seems to have had on reaction to that tragedy.