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The Invisibility of Disaster Risks

  • Michael GordyEmail author
Chapter
  • 302 Downloads
Part of the SpringerBriefs in Climate Studies book series (BRIEFSCLIMATE)

Abstract

Earlier we mentioned that economic losses from disasters might seem low in poor communities and that this was misleading. That is because the calculation of loss is often confined to the financial costs of replacing what was damaged or destroyed. The low financial value of assets in poor communities, however, is a reflection of the impoverished quality of housing, infrastructure, and services characteristic of these communities and understates the negative impacts of their loss on poor households. To a large extent, an adequate calculation cannot be restricted to a purely financial evaluation. Asset losses among the poor are therefore difficult to measure according to what, in the last instance, is a business paradigm.

Keywords

Disaster Risk Poor Community Informal Settlement Poor Population Conditional Cash Transfer 
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.

Copyright information

© The Author(s) 2016

Authors and Affiliations

  1. 1.OrnexFrance

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