Calculating the Economic Impact of Hurricane Florence

The video discusses the damage caused by Hurricane Florence, estimating it could reach $22 billion, potentially ranking among the top ten most damaging storms in U.S. history. The analysis includes the use of computer models and satellite reports to assess the impact. The economic implications are compared to other global events, highlighting the differences in recovery between developed and emerging economies, such as the U.S., China, and the Philippines.

What were the estimated losses in the Philippines due to the hurricane, and how does it compare to the U.S.?

How do the economic impacts of hurricanes differ between developed and emerging economies?