Heavy Lifting - thoughts and web finds by an economist
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Wednesday, April 11, 2007
The current issue of CRED-CRUNCH is out and it looks like 2006 was a "good" year in the natural disasters category. While there were more natural disasters in total, fewer people were killed, fewer people were affected, and there were lower economic damages caused by the disasters that did occur. The CRED-CRUNCH points out that 19% of all natural disasters occur on the African continent but only 1% of economic damages caused by natural disasters are suffered on the African continent.
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