The damages caused by natural disasters are from human to economy with the development. This is one of the universal and historical trends in the world and within the countries. Mortality numbers of natural disasters tend to be decreasing with national development, but economic losses are the opposite. This is because of urbanization, science and technology advancement, asset values, and so on. This is the same as developing and developed countries’ relationships. Developing countries tend to have high mortality numbers, on the other hand, developed countries are inclined to have high economic losses.
The following tables (little bit old, sorry) which I used to research on Hurricane Katrina in 2005. What you can say about these?
Yes, table 1 indicates almost all high mortality numbers hurricane disasters in the United States are before 1960. On the contrary, table 2 shows almost all high-cost hurricane disasters are after 2000.