Herald of the Russian Academy of Sciences

, Volume 84, Issue 6, pp 395–406 | Cite as

Economic evaluation of damage from natural disasters

  • Boris Nikolaevich Porfir’evEmail author
  • Ekaterina Aleksandrovna Makarova
Science and Society


More frequent disasters are becoming a cause of greater damage to states and regions of the world. Correct economic evaluation of these losses is a topical scientific and practical problem. Its solution allows us to measure and understand, on the one hand, the scale and depth of the consequences of the effect of this factor on the stability and dynamics of socioeconomic development and the security of specific territories and, on the other hand, the volume and structure of the needs for resources necessary to mitigate these consequences and restore (maintain) normal life conditions. This article presents an analytical overview of domestic and international approaches to the economic evaluation of losses and damage from natural disasters; the author’s approach to the evaluation of direct, indirect, and full damage is presented.


Economic Agent Direct Damage Disaster Risk Reduction Economic Damage Material Damage 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Pleiades Publishing, Ltd. 2014

Authors and Affiliations

  • Boris Nikolaevich Porfir’ev
    • 1
    • 2
    Email author
  • Ekaterina Aleksandrovna Makarova
    • 3
  1. 1.RAS Institute of Economic ForecastingMoscowRussia
  2. 2.Laboratory for the Analysis and Forecasting of Natural and Technological Risks to Economic DevelopmentRAS Institute of Economic ForecastingMoscowRussia
  3. 3.Department of World EconomyNational Research University Higher School of EconomicsMoscowRussia

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