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It depends where you're talking about. In an area reasonably prepared for disasters, they actually do bring about increased prosperity -- Florida has periodic c
by seldo 17y ago
It depends where you're talking about. In an area reasonably prepared for disasters, they actually do bring about increased prosperity -- Florida has periodic construction booms after hurricanes, and a majority are insured, so financial losses are constrained to the big insurance companies.
On the other hand, even in a developed nation, a major disaster can end the life of an area -- New Orleans is perhaps two-thirds of its former size and looks unlikely to grow.
In this case of Haiti, a steady and dedicated stream of aid could help rebuild the country, but history has shown that the international community's attention to the desperate plight of that nation has always been short-lived.
Sadly, I fear it will be worse than before, and remain so.