An account of Nepal disasters and economic fallout

Sujan Adhikari and Dileep Adhikary
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Sujan Adhikari: UWO - University of Western Ontario
Dileep Adhikary: PRAMA - Project Research and Management Associates

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Abstract: Nepal has remained a disaster-prone country with major disasters occurring at various intervals. There has not been sufficient research on Nepal disasters regarding the degree of loss, effects on the economy and post-disaster responses and its effects on economic revival. This paper was primarily set to analyze economic effect of natural disasters from 1971 to 2017 but for the lack of complete data on loss value for all the events an attempt was made to make a proper estimate for all the events; and the economic loss ensuing from the disasters has been assessed as a proportion of gross domestic product, and further to its impact on the year to year growth of the economy. The paper adds to the finding of other studies that disaster lends negative effect and that too is more prominent in the event of major disasters and more pronounced when coupled with political disruptions.

Keywords: Typology/category of disasters; Hazards and vulnerability; Economic growth and loss (search for similar items in EconPapers)
Date: 2019-01-25
New Economics Papers: this item is included in nep-env and nep-war
Note: View the original document on HAL open archive server: https://hal.science/hal-01995386
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Citations: View citations in EconPapers (1)

Published in [Research Report] Project Research And Management Associates. 2019

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