Master's Thesis from the year 2010 in the subject Economy - Environment economics, grade: A minus, Beaconhouse University, language: English, abstract: The thesis reviews the available literature on measuring the direct and indirect impacts of natural disasters, both in the short run and in the long run. Based on this review, an attempt is made to quantify the economic impact of the recent floods in Pakistan. This will include not only the estimates emerging from the Damage Needs Assessment by the World Bank and ADB but also derivation of the second round multiplier effects on the GDP by use of the IPP Macroeconomic Model. In addition, an assessment will be made of the prospects for revival of growth.

Costs of Floods to Pakistan's Economy

Business & Money

Niazi, Javeria

Economics

GRIN Publishing

With an average annual rainfall of less than 240 mm, Pakistan is one of the most arid countries in the world. Every year, during the monsoon season from July to September, Pakistan experiences heavy rainfalls. However, this year the substantial amount of unexpected monsoon rainfall resulted in heavy floods as a consequence of the absence of adequate infrastructure (dams, barrages, reservoirs). The heavy rainfall started in the last week of July 2010, and continued for days in the regions of Balochistan, followed closely by a second spell in Khyber Pakhtunkhwa (KPK). The rain continued until the first few days of August 2010, causing tremendous damage to both property and lives. The heavy rainfall flooded the already flooded rivers and streams, causing the river banks to burst. The flood water started causing destruction in KPK, and continued its journey towards Punjab and Sindh. The floods in Pakistan have had an impact on all the sectors of the economy. Handling these problems would require a model that could simultaneously capture the major relations among different sectors of the economy, and thereby, trace through the indirect and secondary effects on the economy. The model used to calculate the impact is subjected to a number of simulations that are run on E-views. In this study, the author uses a model that reports clearly what Pakistan will face in terms of production loss and recovery. The results are assessed on the basis of past data and the current situation in the country. The author's main purpose is to define the costs Pakistan faces in such a situation, and further, to develop policy recommendations.

Cost of Floods on Pakistan's Economy

Anchor Academic Publishing

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Books by Niazi, Javeria

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Costs of Floods to Pakistan's Economy

Cost of Floods on Pakistan's Economy