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The Challenge of Global Warming for the Global Economy - GFDRR

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Normalized costs <strong>of</strong> hurricanes, 1950-2008:08<br />

.9<br />

.8<br />

.7<br />

Hurricane cost<br />

(% <strong>of</strong> GDP/year)<br />

.6<br />

.5<br />

.4<br />

.3<br />

.2<br />

.1<br />

.0<br />

1950 1960 1970 1980 1990 2000 2010<br />

Year<br />

Source: author’s estimates.<br />

21

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