Bangalore, Mook; Hallegatte, Stéphane; Vogt-Schilb, Adrien - 2016
This paper presents a model to assess the socioeconomic resilience to natural disasters of an economy, defined as its … capacity to mitigate the impact of disaster-related asset losses on welfare, and a tool to help decision makers identify the …-level socioeconomic resilience. Because floods disproportionally affect poor people, each $1 of global flood asset loss is equivalent to a …