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We examine the effects of natural disasters on income and investment in China. Using macroeconomic province-level data and the provincial history of disaster exposure over the past two decades, we describe the relationship between disaster mortality and morbidity, disasters’ economic damages, government investment and regional economic activity, and infrastructure development. The Chinese government’s...
Daniel Aldrich, in his new book on social capital in post‐disaster recovery, presents new and convincing empirical evidence to support his claim that social ties and the ability of communities to mobilize are important in facilitating successful post‐disaster recovery. Yet, as Aldrich notes, social capital is “an underexamined factor” in research and more importantly in policymaking, planning, and design of post‐disaster recovery. He identifies the ability of social capital to overcome collective action problems, to provide informal insurance, and to make available resources for investment in longer term recovery as the keys to social capital...
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