Gone with the Wind: Assessing Hurricane Costs in the Caribbean

2019-03-26T12:48:02-04:00February 7, 2017|

sebastian-acevedo-2017By Sebastian Acevedo

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Hurricanes are a fact of life in the Caribbean. Every year there are, on average, 12 storms that pass through the region, of which about half reach hurricane force winds (winds above 119 kilometers per hour). Hurricanes are the leading cause of natural disasters in the Caribbean, making the region one of the most vulnerable in the world. Yet, only 62 percent of disasters caused by hurricanes have recorded data on economic damages, as the information is difficult to collect.