Moral hazard is the most underrated driver of natural disasters. We know that it exists almost in every policy instrument or private strategy for managing the risk of natural disasters. For more than three decades, the literature has acknowledged and discussed extensively about the different types of moral hazard like the politician and the Samaritan dilemmas, and [...]
Posts Tagged ‘Natural Disasters’
The Moral Side of Disasters
Posted in Natural Disasters, tagged disaster risk management, moral hazard, Natural Disasters on 10/04/2011 | Leave a Comment »
Who’s getting the worst of natural disasters?
Posted in Economic Development, Natural Disasters, tagged disasters in poor countries, India, Mexico, Natural Disasters, natural disasters and economic development, United States, victims of natural disasters on 04/10/2008 | Leave a Comment »
Have you ever thought why catastrophes caused by natural events are more destructive in developing countries? An example? See the table below that compares the human impact (i.e., people killed or requiring immediate assistance during a period of emergency, that is requiring basic survival needs such as food, water, shelter, sanitation and immediate medical assistance) [...]
Are natural disasters increasing?
Posted in Natural Disasters, tagged developing countries, Natural Disasters, natural disasters and economic development on 11/09/2008 | Leave a Comment »
According to the International Emergency Disasters Database and the International Strategy for Disaster Reduction , the frequency, duration and magnitude of natural hazards have increased over the last 40 years. For example, the UNDP (2004) reports that annual economic losses associated with natural disasters averaged 75.5 USD billion in the 1960s, 138.4 USD billion in [...]
What determines a disaster?
Posted in Natural Disasters, tagged hazards, Natural Disasters, risk, vulnerability on 11/09/2008 | 1 Comment »
Whether a hazard becomes a disaster or not depends ultimately on people’s vulnerability (Cutter 2006), that is, their ability to prevent, mitigate, cope with, and recover from the impact of a disruptive event. The determinants of vulnerability include people’s demographic, social and economic characteristics, and their relationship with the natural and manmade environment. Risk is [...]
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