Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/39275
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dc.contributor.authorGaldies, Charles-
dc.contributor.authorMallia, Neil-
dc.date.accessioned2019-01-30T12:09:42Z-
dc.date.available2019-01-30T12:09:42Z-
dc.date.issued2017-
dc.identifier.citationGaldies, C., & Mallia, N. (2017). Losses, damages and return period of extreme weather events in the Maltese Islands. In S. Formosa (Ed.), Emergent realities for social wellbeing : environmental, spatial and social pathways (pp. 209-224). Malta: University of Malta. Department of Criminology.en_GB
dc.identifier.isbn9789995790813-
dc.identifier.isbn9789995790905-
dc.identifier.urihttps://www.um.edu.mt/library/oar//handle/123456789/39275-
dc.description.abstractFull range economic costing of weather disasters tends to be quite challenging. Complete and systematic data on such impacts are often lacking, and most data sets generally tend to underestimate losses. The best estimates made by Hoeppe (2016) for the average global cost of natural disasters worldwide between 1980 and 2014 have caused a total of 1.7 million fatalities and at least $4,200bn damages, including $1,100bn insured losses. Around 65% of the overall losses were due to convective and hydrological events. And what about future trends? Nineteen years ago, William Nordhaus (1997) expressed his dilemma that is still haunting both scientists and economists of today. It relates to the current significant knowledge gaps between the projected increase of temperature (now with high confidence) and its translation into future ecological, economic and social outcomes. Many important sectors still lack a proper description of their future growth dynamics in the presence of such impacts (Hallegatte et al., 2016) and economists often resort to the modeling of long-term economic growth on the basis of current time horizon and climate change scenarios. In doing so, they are neglecting the possibility of potential deviations from presumed model conditions of economic growth, irrespective of whether adverse impacts affect rich economies or those already weakened by various disequilibria or inertia in their readjustment process.en_GB
dc.language.isoenen_GB
dc.publisherUniversity of Malta. Department of Criminologyen_GB
dc.rightsinfo:eu-repo/semantics/openAccessen_GB
dc.subjectNatural disasters -- Maltaen_GB
dc.subjectNatural disasters -- Economic aspects -- Maltaen_GB
dc.subjectWeather -- Economic aspects -- Maltaen_GB
dc.subjectClimatic changes -- Maltaen_GB
dc.subjectFlood damage -- Maltaen_GB
dc.subjectClimatic extremes -- Maltaen_GB
dc.subjectSevere storms -- Maltaen_GB
dc.titleLosses, damages and return period of extreme weather events in the Maltese Islandsen_GB
dc.title.alternativeEmergent realities for social wellbeing : environmental, spatial and social pathwaysen_GB
dc.typebookParten_GB
dc.rights.holderThe copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder.en_GB
dc.description.reviewedpeer-revieweden_GB
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