Natural disasters, self-insurance and human capital investment

Material Information

Title:
Natural disasters, self-insurance and human capital investment evidence from Bangladesh, Ethiopia and Malawi
Series Title:
Policy research working paper
Creator:
Yamauchi, Futoshi
Yohannes, Yisehac
Quisumbing, Ma Agnes R
World Bank. ( contributor )
Disaster Risk Reduction Program, Florida International University (DRR/FIU) ( summary contributor )
Place of Publication:
Washington, D.C.
Publisher:
World Bank
Publication Date:
Copyright Date:
2009
Language:
English
Physical Description:
eBook : International government publication

Subjects

Subjects / Keywords:
Natural hazards and disasters ( lcshac )
Human capital ( lcsh )
Vulnerable populations -- Children ( mesh )
Genre:
non-fiction ( marcgt )
Spatial Coverage:
Asia -- Bangladesh
Africa -- Ethiopia
Africa -- Malawi

Notes

Summary:
This paper is an econometric examination of the impacts of disaster on human capital production using cases from Bangladesh, Ethiopia, and Malawi. Its principal objective is to determine how resilient biological human capital, defined as child health and nutrition, is to the adverse conditions brought about by disaster. Evidence from this research supports policies promoting investment in childhood nutrition and education, showing how such investments in human capital early on are important components of a sustainable disaster mitigation scheme. According to the document, it has long been discovered that physical growth in early childhood has significant long-term affects on subsequent human capital development. The authors juxtapose these findings to child malnutrition that generally results from disaster situations. They believe that initial investments in human capital prior to schooling, in terms of health and nutrition, aid in the process of overcoming and recovering from the impact of disaster. The study questions whether or not healthy children recover from disasters faster than unhealthy ones; and whether initial human capital investments secure the accumulation of other forms of human capital, such as schooling, even after disaster. The authors utilize econometrics models to capture these dynamics empirically. In order to construct their model, they use household surveys from countries with recent natural disasters: Bangladesh’s severe flood in 1998, Ethiopia and Malawi’s major droughts in 2001, and Malawi’s flooding beginning in the same year and extending into 2002. The authors also attained the measurements and proportions of children aged below 60 months before and immediately after the disaster. The results show that investments in health and nutrition prior to disasters help children maintain such investments after disasters. While these children were less likely to be exposed to disaster, when investments in other forms of human capital such as schooling was impacted, negative impacts were found to be lower for children with higher biological human capital prior to the disaster. The families of these children were also more likely to maintain investments in intellectual human capital accumulation after the disaster. The study’s ultimate conclusion was that disasters typically increased inequality in human capital, as children who had more human capital before a disaster were not only more resilient to disaster, but also able to recover faster. ( English,English,, )
Subject:
Disasters and Human Capital
Citation/Reference:
Yamauchi, F., Yohannes, Y., & Quisumbing, A. (2009). Natural disasters, self-insurance and human capital investment: evidence from Bangladesh, Ethiopia and Malawi. The World Bank.
General Note:
Title from PDF file as viewed on 5/7/2009.

Record Information

Source Institution:
Florida International University
Rights Management:
This publication is released under the Creative Commons Attribution 3.0 license. For full details of the license, please refer to the following: http://creative-commons.org/licenses/by/3.0/legalcode
Resource Identifier:
FI13010957
320623387 ( oclc )

dpSobek Membership

Aggregations:
Disaster Risk Reduction