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close this bookDisasters and Development (Department of Humanitarian Affairs/United Nations Disaster Relief Office - United Nations Development Programme , 1994, 55 p.)
close this folderPART 2 - Understanding and exploiting disaster/development linkages
View the document(introduction...)
View the documentThe impact of disasters on development programs
View the documentLoss of resources
View the documentShifting resources
View the documentImpact on investment climate
View the documentImpact on the non-formal sector
View the documentCASE STUDY
View the documentDevelopment programs can increase vulnerability
View the documentCASE STUDY
View the documentDevelopment programs can decrease vulnerability
View the documentCASE STUDY
View the documentDisasters as opportunities for development initiatives
View the documentCASE STUDY
View the documentSUMMARY

Impact on investment climate

Repeated disasters, in particular, have a negative impact on the incentive for further investment. A climate of stability and certainty is needed to encourage investors. At the individual level, repeated losses from hazardous events can discourage creative investment. Under conditions of uncertainty, both foreign and domestic investors will generally be very cautious about supporting entrepreneurial activity.