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COVID-19 cost more in 2020 than the world's combined natural disasters in any of the past 20 years

By Ilan Noy, Chair in the Economics of Disasters and Climate Change, Te Herenga Waka — Victoria University of Wellington
Nguyen Doan, Doctoral student in economics, Te Herenga Waka — Victoria University of Wellington

Measuring the equivalent economic cost of 'lost life years' due to the pandemic allows us to map the true scale of the crisis.

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