Unbreakable: Building the Resilience of the Poor in the Face of Natural Disasters
But, as the report points out, a dollar in losses does not mean the same thing to the wealthy as it does to the poor. Instead, the report uses a new measurement that moves beyond asset losses to estimate a community’s socioeconomic resilience – or the ability to resist, absorb, accommodate, and recover from the effects of a hazard in a timely manner. By underscoring the urgency for adopting policies to protect the most vulnerable, such as early warning systems, insurance policies, and social protection systems, the gain in improved wellbeing would be equivalent to a $100 billion increase in annual global consumption.
