Report · Digital October 29, 2026
Asymmetric Hazard Exposure, Capital Cannibalization, and the Collapse of Economic Convergence in the Polycrisis Apocalypse
Poverty and economic inequality are conventional developmental metrics, but in the polycrisis apocalypse, they function as fatal multipliers of biophysical hazard. As established by the IPCC, identical physical shocks—from extreme heat domes to flash deluges—produce radically divergent outcomes across wealth tiers. In vulnerable developing economies, low incomes, unpaved infrastructure, and informal housing strip populations of adaptive shielding, transforming manageable meteorological events into catastrophic mortality, preventable disease, and educational disruption. At the macroeconomic level, recurrent disaster reconstruction cannibalizes gross fixed capital formation, while international bond markets impose a 200–500 basis point borrowing penalty on climate-vulnerable sovereigns. This monograph analyzes the structural mechanics of the climate-development trap across five focused chapters, five empirical exhibits, and master comparative data tables, presenting a capital-backed strategy for universal basic infrastructure and debt de-risking.
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