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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...

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...