The worlds strongest typhoon in November 2020, named Goni, hit the south of Philippines main island. The

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The world’s strongest typhoon in November 2020, named Goni, hit the south of Philippines’ main island. The typhoon brought violent winds and heavy rainfall, hit coastal towns, and buried more than 300 houses under volcanic rocks and mudflow. According to the United Nations, more than 137,000 houses were damaged or destroyed, and total infrastructure damage was estimated at $234 million. How would this have affected the GDP of the Philippines in 2020 and the first half of 2021?

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Economics

ISBN: 9781292430645

8th Global Edition

Authors: R. Glenn Hubbard, Anthony P. O'Brien

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