An examination of the correlation between natural disasters and economic progress
Author(s): Ragini MathurAbstract
This research examines the intricate relationship between natural catastrophes and economic development with a specific emphasis on the effects of these catastrophic occurrences on economic growth infrastructure and social stability. The study seeks to clarify the immediate and lasting economic impacts of natural catastrophes by examining data from many case studies conducted in different nations. The key results indicate that natural catastrophes may cause temporary disruptions to economic operations and infrastructure. However the long-term effect on economic growth varies greatly depending on the resilience and adaptation of the afflicted areas. The research further examines the impact of government policy foreign assistance and community reactions in reducing economic losses and facilitating recovery. The findings highlight the significance of including measures for disaster preparation and resilience-building into economic development planning in order to improve sustainability and decrease vulnerability.