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Destruction, Disinvestment, and Death: Economic and Human Losses
SSRN Working Paper
Finds that unearned income and excess infant mortality in the year after typhoon exposure outnumber immediate damages and death tolls roughly 15-to-1, helping to indicate that economic and human losses due to environmental disaster may be an order of magnitude larger than previously thought and that adaptive decision-making may amplify, rather than dampen, disasters' social cost.
Published September 12, 2012
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