The impacts of disasters and climate change are more than twice as significant for poor households than others, because they tend to live in the most vulnerable areas, often with weak housing standards and limited or no access to credit or insurance. Across the fast urbanizing developing world, the number of people living in substandard housing is expected to more than double to 3 billion over the next 15 years. New technologies are enabling cities to retrofit and repair houses that are vulnerable to disaster risks—and in the process, protect community health, secure economies, and save millions of lives.
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International Economics: IB Economics
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A collection of articles relating to the 'international' elements of Economics and relating to IB, Pre-U and A-Level Economics.
Curated by
Graham Watson
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Singapore had a severe housing shortage decades ago. But it developed one of the world's best public housing programs, which has also allowed a huge number of its citizens to buy their own homes.
Graham Watson's insight:
Another crossover between economics and geography, this Bloomberg clip looks at how Singapore solved its postwar housing problems. And given the state of the UK housing market, might we think about adopting a similar approach? 
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Across the fast urbanizing developing world, the number of people living in substandard housing is expected to more than double to 3 billion over the next 15 years. These homes are under threat from earthquakes, floods, hurricanes, and other disasters. Unfortunately, the supply of formal, affordable, and safe housing has not kept pace with unprecedented rates of urbanization. Making housing safe and resilient to disasters can help protect lives and livelihoods from disasters and build sustainable communities.
Graham Watson's insight:
This World Bank clip looks at infrastructure investment and the importance of ensuring that the people live in resilient housing, and the role that this plays in fostering sustainable development, not least in boosting educational and healthcare outcomes.
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In 5 years, between May 2013 and March 2018 The World Bank’s $100 million Low Income Housing Finance Project enabled more than 15,000 poor urban families i
Graham Watson's insight:
Development is multi-faceted: in this World Bank clip looks at a finance scheme that has sought to give poor urban families access to money to permit families to buy homes with adequate sanitation, and as a result it has enhanced their capabilities and developmental outcomes.
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Another clip looking at the importance of resilient housing to development.