The frequency of dramatic natural shocks around the world is a reminder that governments and the international community need to do more to prevent and mitigate the human misery and economic costs that result from such calamities. Natural disaster risk management is a multi-sectoral endeavor to...

This paper makes the case for why safety nets are an important tool for managing the risk of natural hazards. The use of safety nets is advocated both ex ante, to prevent and mitigate the impact of natural disaster and ex post, to cope with the impacts of natural shocks. Firstly, the paper...