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These studies suggest that higher income inequality exacerbates the damages from natural disasters, while robust social welfare systems can mitigate human impacts and support economic growth.
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The interaction between growth, inequality, poverty, climate change, and natural disasters is complex and multifaceted. Understanding these interactions is crucial for developing effective policies to mitigate the adverse effects of natural disasters and promote sustainable development.
Income Inequality and Disaster Impact:
Economic Development and Disaster Outcomes:
Social Welfare Systems:
Poverty and Economic Growth:
The interaction between growth, inequality, poverty, climate change, and natural disasters reveals a complex web of interdependencies. High levels of income inequality exacerbate the human and economic impacts of natural disasters, trapping countries in a cycle of vulnerability. Less developed countries face more severe human impacts, while developed countries, despite larger economic losses, manage these impacts better. Robust social welfare systems play a critical role in mitigating these adverse effects. Addressing income inequality and strengthening social welfare systems are essential steps in breaking the cycle of vulnerability and promoting sustainable development.
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