Natural Disasters

Disaster aid is often too little, too late. Pressure on aid budgets is prompting donors to find ways to handle more crises with less funding. But the current model of discretionary, ex-post disaster aid is increasingly insufficient for these growing needs, and does little to create incentives for go...

In fact refugees and victims of natural disasters account for such a small fraction of the world population, less than half a percent. There is no excuse for not providing adequate timely funding for disasters whose numbers if not locations are relatively predictable. The costs are manageable, or at...