Pakistan and India: What is the global cost of natural disasters? | Business and economics

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The floods in Pakistan and India return the cost of global disaster escalating.

Global natural disasters raise difficulty and more often, as climatic emergencies are now crashed year after year.
The United Nations says that the child born today faces nearly nine out of 10 chances of a catastrophic flood experience during his life.
Amazing financial losses, with more than 200 billion dollars annually.
This may rise to $ 2.3 trillion, once the multiplication effects are included.
But who will pay when you strike storms?

There is no more urgent place in Pakistan and India, which has suffered one of the worst floods in decades.



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