Philip H. Brown, Economist: Costs
of Recovery Following Typhoon
Bopha
•Philip H. Brown, a developmental economist, studies the causes and effects of
poverty on the individual and national scales.
Among other influencing factors, he examines the impact of natural disasters
on poverty levels across the globe.
•In December of 2012, Typhoon Bopha hit Mindanao, the southernmost
Philippine island.
The storm took the lives of more than a thousand residents and displaced
thousands more, a large percentage of whom took to living in evacuation
camps.
As of February 2013, more than 6,000 people were still living in these tent-city
communities.
•Several weeks after the storm, the government released an estimate that the
storm would cost the country approximately 32 billion pesos, or 780 million
dollars.
The government has appealed for financial assistance, but the response has
been less than sufficient.
•Some experts attribute this result to the global perception of the country as
relatively comfortable in regards to wealth, which reduces its media appeal
considerably.
However, government officials expect recovery costs to have a palpable effect
on economic health, particularly in the 2013 fiscal year.
THANK YOU
THANK YOU

Philip h brown economist costs of recovery following typhoon bopha

  • 1.
    Philip H. Brown,Economist: Costs of Recovery Following Typhoon Bopha
  • 2.
    •Philip H. Brown,a developmental economist, studies the causes and effects of poverty on the individual and national scales. Among other influencing factors, he examines the impact of natural disasters on poverty levels across the globe.
  • 3.
    •In December of2012, Typhoon Bopha hit Mindanao, the southernmost Philippine island. The storm took the lives of more than a thousand residents and displaced thousands more, a large percentage of whom took to living in evacuation camps. As of February 2013, more than 6,000 people were still living in these tent-city communities.
  • 4.
    •Several weeks afterthe storm, the government released an estimate that the storm would cost the country approximately 32 billion pesos, or 780 million dollars. The government has appealed for financial assistance, but the response has been less than sufficient.
  • 5.
    •Some experts attributethis result to the global perception of the country as relatively comfortable in regards to wealth, which reduces its media appeal considerably. However, government officials expect recovery costs to have a palpable effect on economic health, particularly in the 2013 fiscal year.
  • 6.
  • 7.