GeoLog

economic

Counting the cost of natural disasters

Counting the cost of natural disasters

Often, in the news, we are used to seeing disaster statistics reported as isolated figures, placed into context by the tragic human cost of floods, earthquakes and drought. The recent Ecuadorian earthquake that occurred on Saturday the 16th April, for example, was described as having an estimated economic cost of $820 million, which could rise as the scale of the disaster is revealed. But beyond t ...[Read More]