 Fifty years of peril: A comprehensive comparison of the impact of terrorism and disasters linked to natural hazards (1970–2019)Timothy Wilson and Ilan Noy Global Policy, 2023, vol. 14, issue 5, 647-662 Abstract: We compare the realised impact of terrorism and disasters linked to natural hazards. Using 50 years of data from two databases covering most of the global population, we find that natural hazard disasters were more than 20 times more impactful than terrorism. The former had a larger realised impact in all regions in both gross and per capita terms. The largest cross‐peril difference was in Asia, where natural hazard disasters took 324 million lifeyears, while terrorism took 10. Similar results were found across countries grouped by income status and development status. Low‐ and lower‐middle‐income countries bore the vast majority of the impact of both terrorism and natural hazard disasters. Given the multitude of prevalent global threats, our findings are relevant in the allocation of scarce public resources to mitigate and adapt. Our results suggest that significantly greater public spending should be applied to natural hazard disasters than terrorism. Date: 2023 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bla:glopol:v:14:y:2023:i:5:p:647-662 Ordering information: This journal article can be ordered from Access Statistics for this article Global Policy is currently edited by David Held, Patrick Dunleavy and Eva-Maria Nag More articles in Global Policy from London School of Economics and Political Science Contact information at EDIRC. |
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