Abstract

Natural disasters represent one of the most persistent and complex challenges confronting global economic development. They exert multifaceted impacts that disrupt production diminish human capital damage infrastructure destabilize fiscal systems and erode long-term growth potential. While natural disasters are traditionally examined from humanitarian and environmental perspectives their economic implications span far beyond immediate losses. The interplay between disaster occurrences and development trajectories reveals an intricate relationship where economic resilience institutional strength technological capacity and socio-political structures all influence recovery outcomes. This research paper investigates the multidimensional relationship between natural disasters and economic development focusing on how natural hazards shape economic performance in both the short and long run. Through an analytical exploration the study highlights the mechanisms through which disasters hinder d