Thursday 12 April 2018

From property damage to lost production: How natural disasters impact economics

When a natural disaster strikes, major disaster databases tend to compile information about losses such as damages to property or cost of repairs, but other economic impacts after the disaster are often overlooked – such as how a company’s lost ability to produce products may affect the entire supply-chain within the affected region and in other regions. This may give an incomplete picture of the full financial impact of the disaster.

from Engineering and Construction News – ScienceDaily https://www.sciencedaily.com/releases/2018/04/180411174141.htm



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