Catastrophic Risk Management and Economic Growth

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/4654 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/4654 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/4654 archive 351 disk0/00/00/61/88 2016-01-15 02:12:28 2021-08-27 17:17:12 2016-01-15 02:12:28 monograph show 4 Ermoliev Y.M. 1445 Ermolieva T.Y. 7638 MacDonald G.J. 1669 Norkin V.I. AL1055 Catastrophic Risk Management and Economic Growth pub iis_ecn iis_mod iis_rsk prog_rms This paper outlines the main features of catastrophic risk management: endogenously generated catastrophes, mutually dependent losses, lack of historical data, the necessity of long-term perspectives and geographically explicit models, the involvement of various agents. We briefly discuss the long-term effects of shocks on economic growth and the need for the co-existence of anticipative risk-averse (ex-ante) policies with adaptive risk- prone (ex-post) policies. 2000-11 published IR-00-058 IR-00-058 338 83 1423 2245 public interim_report IIASA, Laxenburg, Austria 16 FALSE info:eu-repo/semantics/book