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Post-Typhoon Haiyan, Philippines. People in developing economies are more likely to live in high-risk areas (photo: Czeasar Dancel/Corbis)
The frequency of natural disasters has increased, and it’s usually poorer countries that are more affected than the developed. But IMF economists say the right policies can softened their devastating impact.
Nicole Laframboise, Deputy Division Chief, IMF’s Western Hemisphere Department