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The Economics of Investing in Disaster Risk Reduction

This paper examines the economic cost of disasters and how this cost is measured and the challenges in doing so. It describes the economic benefits of investing in disaster risk reduction, and reviews the political challenges to increasing such investment. It outlines "three suggestions for improving the economic effectiveness of investment decision?making for disaster risk reduction:" "List economic benefits & costs, List key stakeholders & distributional economic impacts, Learn from other economic assessments."

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