Syria Economic Monitor, Summer 2023 The Economic Aftershocks of Large Earthquakes

Twelve years into a devastating civil war, a one-in-two-century earthquake devastated northwestern Syria. The 7.6 Richter scale shock was the deadliest in Syria after the one that hit Aleppo in 1822. Using novel data sources, such as big data, this Syria Economic Monitor analyzes what happens to a c...

Full description

Bibliographic Details
Corporate Author: World Bank Group
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2023
Series:Economic Updates and Modeling
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:Twelve years into a devastating civil war, a one-in-two-century earthquake devastated northwestern Syria. The 7.6 Richter scale shock was the deadliest in Syria after the one that hit Aleppo in 1822. Using novel data sources, such as big data, this Syria Economic Monitor analyzes what happens to a conflict-affected economy in the months following a large natural disaster. The earthquake created large human losses and physical damages in the most contested areas of the country. The earthquake also had significant socioeconomic impacts, exacerbating preexisting vulnerabilities. However, funding shortfall and humanitarian constraints impede response efforts. As a consequence, economic contraction in Syria is likely to deepen further post-earthquake