The assignment discusses Positive Impact of Natural Disaster. Also, there is a description of Enhancing Economic Growth. So, review conducted, this article discusses the data and measurement issues as well as the estimation framework regarding natural disasters and economic growth within the same framework.

Positive Impact of Natural Disaster – Enhancing Economic Growth

Description Given the complex relationship between natural disasters and economic growth, researchers need to examine the potential effects of natural disasters in three distinctive phases: short-run (for example, emphasizing political transitions through economic growth), medium- to long-run (for example, focusing directly on natural disasters and economic growth), and very long-run (for example, highlighting deeper indicators of growth).

Positive Impact of Natural Disaster – Enhancing Economic Growth

On the basis of the literature review conducted, this article discusses the data and measurement issues as well as the estimation framework regarding natural disasters and economic growth within the same framework. NATURAL DISASTER PROMOTE POSITIVE RENEWAL THEREFORE ENHANCING ECONOMY. Natural disasters refer to environmental phenomenon that are destructive and occur naturally. Disasters include floods, volcanic activity, hurricanes, droughts, and earthquakes. While some of these disasters can be predicted and prepared for, they cannot be completely avoided and may result in damage. Some disasters can be so devastating that it wipes out human life in some areas. Whatever the disaster may be, it affects societies both negatively and positively.

 

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