Superstorm Sandy: Is the US Prepared to Deal With the Aftermath of Increasingly Severe Storms?
White Paper Summary
This report focuses on the US east coast region impacted by Superstorm Sandy (‘Sandy’) in 2012, as a case study of a high-income economy with relatively high GDP per capita and non-life insurance penetration. It outlines the characteristics of the immediate and long-term recovery of the region affected by Sandy, and discusses controls on recovery, such as the influence of the socioeconomic and political climates at both the regional and national levels. Further, it addresses the speed and effectiveness of disaster recovery in relation to the disaster governance and funding.
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