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Density and Disasters: [electronic resource] Economics of Urban Hazard Risk Lall, Somik V.

Author/Creator:
Lall, Somik V.
Publication:
Washington, D.C., The World Bank, 2010
Format/Description:
Government document
Book
1 online resource
Series:
Policy research working papers.
World Bank e-Library.
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Other Title:
World Bank working papers.
System Details:
Mode of access: World Wide Web.
Summary:
Today, 370 million people live in cities in earthquake prone areas and 310 million in cities with high probability of tropical cyclones. By 2050, these numbers are likely to more than double. Mortality risk therefore is highly concentrated in many of the world’s cities and economic risk even more so. This paper discusses what sets hazard risk in urban areas apart, provides estimates of valuation of hazard risk, and discusses implications for individual mitigation and public policy. The main conclusions are that urban agglomeration economies change the cost-benefit calculation of hazard mitigation, that good hazard management is first and foremost good general urban management, and that the public sector must perform better in generating and disseminating credible information on hazard risk in cities.
Notes:
Description based on print version record.
Contributor:
Deichmann, Uwe
Lall, Somik V.
World Bank.
Other format:
Print version: Lall, Somik V. Density and Disasters.
Publisher Number:
10.1596/1813-9450-5161
Access Restriction:
Restricted for use by site license.