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A Century of Floods in Europe – The Analysis of the Social and Economic Impact

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  • Emilia Balan

Abstract

Significant climate change implies natural disasters with negative consequences in the short term. Also, when their frequency is high, there are negative effects in the long term as regards economic growth, development and reduction of poverty. The main objective of this paper is to analyse floods in Europe (including Romania), from the viewpoint of their effects. Among the natural disasters, floods have a major economic and social impact. Taking into account their scale and frequency, floods cause considerable loss of life and damage to property, and a better understanding of their effects, by both citizens and decision making authorities, can prevent future development of this devastating phenomenon.

Suggested Citation

  • Emilia Balan, 2015. "A Century of Floods in Europe – The Analysis of the Social and Economic Impact," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 7(1).
    • Handle: RePEc:iem:journl:v:7:y:2015:i:1:id:2822000009341019
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    File URL: http://www.iem.ro/rem/index.php/REM/article/view/193/228
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    More about this item

    Keywords

    climate change; natural disasters; floods; Europe; Romania; damages;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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