| At their peak, the 1998 floods covered two-thirds of Bangladesh, causing severe damage to the major rice crop and threatening the food security of tens of millions of households. Ultimately, well-functioning private markets, suitable government policies, and public and NGO interventions combined with effective private coping strategies to prevent a major post-disaster crisis. In this paper, we highlight the contribution of government policy interventions, including an earlier trade liberalization, to stabilization of rice markets during and after the floods. Then, we examine the impacts of the floods on flood-exposed households using a panel data set covering 750 households in three rounds over a 13-month period, focusing on impacts of the flood on... |
