Flooding is fetching a lot of economics crises because we experienced big flooding this time around. It damaged a lot of things like rice farm, properties etc. It is factor that affecting economy
Those are some of those livelihoods that are devastated by floods. But there's an interconnection of it with so many and other industries when floods have been taking those fields.
Is your country currently experiencing a major flood? Because my place is still very safe from flooding and the general economic cycle is still very smooth and has no disturbance at all. This is because the government is still very concerned about dealing with natural disasters that can come suddenly when the rainy season is over, because during the rainy season there will often be flooding if the water disposal is full and makes the flow of water not smooth.
It is nice that you're living in a flood-free area. It's true that it's also going to start with the initiative of the government to make flood control projects so that it won't be a burden to its constituents.
But sadly, not all governments are too concerned with this matter because they're living to the reality that many have been used to these experiences of going with the flood.