We demonstrate, using a simple two - period equilibrium model of the economy, the potential effects of extreme event occurrences - such as natural or humanitarian disasters - on economic growth over the medium - to long - term. In particular, we focus on the effect of such shocks on investment....

We demonstrate, using a simple two-period equilibrium model of the economy, the potential effects of extreme event occurrences – such as natural or humanitarian disasters – on economic growth over the medium- to long-term. In particular, we focus on the effect of such shocks on investment....