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THE ECONOMY OF NATURAL DISASTERS

Abstract

The article says that the population and the economy of the world as a whole and Russia in particular are constantly at risk of natural hazards. Steady production growth and rapid urbanization, the concentration of population and enterprises in the areas of natural hazards (primarily the coast, the 150-km strip home to 44% of the world population and the concentrated 4/5 of the largest cities in the world)are the main factors increasing the risk. This is reflected in the trend of steady growth in the number of emergency situations of natural character and - even more rapidly - of socio-economic damage they cause. As a result, one observes a growing number of large-scale disasters (natural disasters) which, accounting for just a tenth of the total number of these emergencies, are accompanied by great human losses and material damage to the economy.

About the Author

BORIS NIKOLAEVICH Porfiriev
Institute of Economic Forecasting
Russian Federation


References

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Review

For citations:


Porfiriev B.N. THE ECONOMY OF NATURAL DISASTERS. The world of new economy. 2015;(4):21-40. (In Russ.)

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ISSN 2220-6469 (Print)
ISSN 2220-7872 (Online)