Highlighting Poverty as Vulnerability: The 2005 Earthquake in Pakistan

Abstract

The 8 October 2005 earthquake in Pakistan is believed to be one of the worst to hit the region in recent memory. This policy brief outlines scenarios for the potential poverty impact of the earthquake on Pakistan. Given the extent of destruction of physical infrastructure and housing, traditional reconstruction efforts will undoubtedly be needed as soon as the emergency phase of this disaster is over. However, we argue that the traditional 'bricks-and-mortar' rebuilding approach will likely not be enough to ensure economic resettlement and recovery in the region. Given the trauma associated with the earthquake, and the likelihood of increased risk aversion in the affected population, social protection policies must play a central part in any earthquake recovery package.