Economy

How to Bring Economies Back After a Natural Disaster

Rebuilding is never just a matter of putting back structures.
Associated Press

In the wake of climate-related disasters, rebuilding is never just a matter of putting back the structures that were there before a storm. It needs to address the intangible, too, beginning with carefully considered strategies for economic recovery.

When Superstorm Sandy ripped through the Northeast, it caused both acute short-term economic losses, and also sustained economic challenges. Businesses were shuttered, insurance claims lagged, and out-of-pocket expenses continue to affect families, small business owners and communities.