Disasters Of Economic Analysis

Discussing the disaster problem from economics perspective can reveal the law of the disaster occurrence and development, which will provide the theoretical basis to the economic sustainable development, and to work out various economic methods and means to guard against and control the disasters.The thesis embarks from the disaster essence, promulgates the disaster is a dialectical unification of the natural attribute and the social attribute .The disaster social attribute mainly manifests in two aspects: the disaster cause and the disaster effect. First, based on analyzing the social and economic root cause of disaster from the point of view of economics, this part puts forward the market failure and the government failure is two big reasons leading to disasters. Second, on the basis of historical summary and theoretical analysis, the thesis has summed up an impact of disaster over economic growth. On one hand, the disaster has the grave restraint effect to GDP and the economic growth rate. On the other hand, the disaster rebuild often can counterbalance part negative effects of disasters. In the final, the thesis will explore the issue of disaster risk shift. People will transfer risk through some ways such as buying insurance when facing disaster risk so as to achieve maximum effectiveness.