Building Resilience to Natural Disasters: An Application to Small Developing States

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Publisher : International Monetary Fund
ISBN 13 : 1484324749
Total Pages : 28 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Building Resilience to Natural Disasters: An Application to Small Developing States by : Ricardo Marto

Download or read book Building Resilience to Natural Disasters: An Application to Small Developing States written by Ricardo Marto and published by International Monetary Fund. This book was released on 2017-10-30 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: We present a dynamic small open economy model to explore the macroeconomic impact of natural disasters. In addition to permanent damages to public and private capital, the disaster causes temporary losses of productivity, inefficiencies during the reconstruction process, and damages to the sovereign's creditworthiness. We use the model to study the debt sustainability concerns that arise from the need to rebuild public infrastructure over the medium term and analyze the feasibility of ex ante policies, such as building adaptation infrastructure and fiscal buffers, and contrast these policies with the post-disaster support provided by donors. Investing in resilient infrastructure may prove useful, in particular if it is viewed as complementary to standard infrastructure, because it raises the marginal product of private capital, crowding in private investment, while helping withstand the impact of the natural disaster. In an application to Vanuatu, we find that donors should provide an additional 50% of pre-cyclone GDP in grants to be spent over the following 15 years to ensure public debt remains sustainable following Cyclone Pam. Helping the government build resilience on the other hand, reduces the risk of debt distress and at lower cost for donors.

Small States Resilience to Natural Disasters and Climate Change - Role for the IMF

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498345093
Total Pages : 99 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Small States Resilience to Natural Disasters and Climate Change - Role for the IMF by : International Monetary Fund

Download or read book Small States Resilience to Natural Disasters and Climate Change - Role for the IMF written by International Monetary Fund and published by International Monetary Fund. This book was released on 2016-07-11 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small developing states are disproportionately vulnerable to natural disasters. On average, the annual cost of disasters for small states is nearly 2 percent of GDP—more than four times that for larger countries. This reflects a higher frequency of disasters, adjusted for land area, as well as greater vulnerability to severe disasters. About 9 percent of disasters in small states involve damage of more than 30 percent of GDP, compared to less than 1 percent for larger states. Greater exposure to disasters has important macroeconomic effects on small states, resulting in lower investment, lower GDP per capita, higher poverty, and a more volatile revenue base.

Building Resilience to Natural Disasters: An Application to Small Developing States

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484326296
Total Pages : 28 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Building Resilience to Natural Disasters: An Application to Small Developing States by : Ricardo Marto

Download or read book Building Resilience to Natural Disasters: An Application to Small Developing States written by Ricardo Marto and published by International Monetary Fund. This book was released on 2017-10-30 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: We present a dynamic small open economy model to explore the macroeconomic impact of natural disasters. In addition to permanent damages to public and private capital, the disaster causes temporary losses of productivity, inefficiencies during the reconstruction process, and damages to the sovereign's creditworthiness. We use the model to study the debt sustainability concerns that arise from the need to rebuild public infrastructure over the medium term and analyze the feasibility of ex ante policies, such as building adaptation infrastructure and fiscal buffers, and contrast these policies with the post-disaster support provided by donors. Investing in resilient infrastructure may prove useful, in particular if it is viewed as complementary to standard infrastructure, because it raises the marginal product of private capital, crowding in private investment, while helping withstand the impact of the natural disaster. In an application to Vanuatu, we find that donors should provide an additional 50% of pre-cyclone GDP in grants to be spent over the following 15 years to ensure public debt remains sustainable following Cyclone Pam. Helping the government build resilience on the other hand, reduces the risk of debt distress and at lower cost for donors.

Building the Resilience of Small States

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Publisher : Commonwealth Secretariat
ISBN 13 : 1849291284
Total Pages : 255 pages
Book Rating : 4.8/5 (492 download)

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Book Synopsis Building the Resilience of Small States by : Denny Lewis-Bynoe

Download or read book Building the Resilience of Small States written by Denny Lewis-Bynoe and published by Commonwealth Secretariat. This book was released on 2014-09-08 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some small states enjoy relatively high GDP per capita –giving the impression of economic strength – when in reality these economies are fragile and disproportionately affected by adverse economic shocks, natural disasters and extreme weather events. The Commonwealth resilience framework has been developed to identify both the national policies required to build resilience and the areas in which regional and international development partners can provide support. This study refines and expands the framework to cover areas such as governance, environmental management and social development. It proposes policy measures for building resilience and ways in which the resilience framework for small states can be embedded in national planning to help stakeholders to agree priority areas for policy intervention.

Climate and Disaster Resilience Financing in Small Island Developing States

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264266917
Total Pages : 96 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis Climate and Disaster Resilience Financing in Small Island Developing States by : OECD

Download or read book Climate and Disaster Resilience Financing in Small Island Developing States written by OECD and published by OECD Publishing. This book was released on 2016-11-10 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Storms, hurricanes, and cyclones have been a feature of life on Small Island Developing States (SIDS) for centuries. But climate change is now increasing the intensity of these disasters, as well as creating new developmental challenges - like rising sea levels and increasing ocean acidity - ...

Building Resilience in Developing Countries Vulnerable to Large Natural Disasters

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Publisher : International Monetary Fund
ISBN 13 : 1498321437
Total Pages : 55 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Building Resilience in Developing Countries Vulnerable to Large Natural Disasters by : International Monetary Fund. Strategy, Policy, & Review Department

Download or read book Building Resilience in Developing Countries Vulnerable to Large Natural Disasters written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2019-06-19 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses how countries vulnerable to natural disasters can reduce the associated human and economic cost. Building on earlier work by IMF staff, the paper views disaster risk management through the lens of a three-pillar strategy for building structural, financial, and post-disaster (including social) resilience. A coherent disaster resilience strategy, based on a diagnostic of risks and cost-effective responses, can provide a road map for how to tackle disaster related vulnerabilities. It can also help mobilize much-needed support from the international community.

Climate and Disaster Resilience Financing in Small Island Developing States

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Author :
Publisher :
ISBN 13 : 9789264266902
Total Pages : 78 pages
Book Rating : 4.2/5 (669 download)

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Book Synopsis Climate and Disaster Resilience Financing in Small Island Developing States by :

Download or read book Climate and Disaster Resilience Financing in Small Island Developing States written by and published by . This book was released on 2016 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Storms, hurricanes, and cyclones have been a feature of life on Small Island Developing States (SIDS) for centuries. But climate change is now increasing the intensity of these disasters, as well as creating new developmental challenges - like rising sea levels and increasing ocean acidity - which not only challenge the development models of these countries. They challenge and threaten their own existence. This report examines the nature, scope and volume of concessional finance directed to SIDS to build resilience to climate change and natural disasters. It identifies challenges in the provision and use of financing for resilience. Yet, it is not just about challenges. It also illustrates the positive steps that SIDS are taking – and in many cases leading – to ensure that climate and disaster resilience is addressed as an integral part of their development. The report offers targeted recommendations to enhance the scope and quality of resilience financing, calling for the international community to consider financing for climate and disaster resilience that is appropriate for the challenges that SIDS face. The report is a jointly funded initiative of the OECD and the Global Facility for Disaster Reduction and Recovery (GFDRR) at the World Bank.

Building Urban Resilience

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Publisher : World Bank Publications
ISBN 13 : 0821398261
Total Pages : 209 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Building Urban Resilience by : Abhas K. Jha

Download or read book Building Urban Resilience written by Abhas K. Jha and published by World Bank Publications. This book was released on 2013-03-01 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook is a resource for enhancing disaster resilience in urban areas. It summarizes the guiding principles, tools, and practices in key economic sectors that can facilitate incorporation of resilience concepts into decisions about infrastructure investments and urban management that are integral to reducing disaster and climate risks.

Building Community Disaster Resilience Through Private-Public Collaboration

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Publisher : National Academies Press
ISBN 13 : 0309162637
Total Pages : 142 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Building Community Disaster Resilience Through Private-Public Collaboration by : National Research Council

Download or read book Building Community Disaster Resilience Through Private-Public Collaboration written by National Research Council and published by National Academies Press. This book was released on 2011-03-17 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural disasters-including hurricanes, earthquakes, volcanic eruptions, and floods-caused more than 220,000 deaths worldwide in the first half of 2010 and wreaked havoc on homes, buildings, and the environment. To withstand and recover from natural and human-caused disasters, it is essential that citizens and communities work together to anticipate threats, limit their effects, and rapidly restore functionality after a crisis. Increasing evidence indicates that collaboration between the private and public sectors could improve the ability of a community to prepare for, respond to, and recover from disasters. Several previous National Research Council reports have identified specific examples of the private and public sectors working cooperatively to reduce the effects of a disaster by implementing building codes, retrofitting buildings, improving community education, or issuing extreme-weather warnings. State and federal governments have acknowledged the importance of collaboration between private and public organizations to develop planning for disaster preparedness and response. Despite growing ad hoc experience across the country, there is currently no comprehensive framework to guide private-public collaboration focused on disaster preparedness, response, and recovery. Building Community Disaster Resilience through Private-Public Collaboration assesses the current state of private-public sector collaboration dedicated to strengthening community resilience, identifies gaps in knowledge and practice, and recommends research that could be targeted for investment. Specifically, the book finds that local-level private-public collaboration is essential to the development of community resilience. Sustainable and effective resilience-focused private-public collaboration is dependent on several basic principles that increase communication among all sectors of the community, incorporate flexibility into collaborative networks, and encourage regular reassessment of collaborative missions, goals, and practices.

Launching a National Conversation on Disaster Resilience in America

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Author :
Publisher : National Academies Press
ISBN 13 : 0309289726
Total Pages : 78 pages
Book Rating : 4.3/5 (92 download)

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Book Synopsis Launching a National Conversation on Disaster Resilience in America by : Committee on Increasing National Resilience to Hazards and Disasters

Download or read book Launching a National Conversation on Disaster Resilience in America written by Committee on Increasing National Resilience to Hazards and Disasters and published by National Academies Press. This book was released on 2013-09-18 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the increasing frequency of natural and human-induced disasters and the increasing magnitude of their consequences, a clear need exists for governments and communities to become more resilient. The National Research Council's 2012 report Disaster Resilience: A National Imperative addressed the importance of resilience, discussed different challenges and approaches for building resilience, and outlined steps for implementing resilience efforts in communities and within government. Launching a National Conversation on Disaster Resilience in America is a summary of a one-day event in November 2012 to formally launch a national conversation on resilience. Nationally-recognized experts in disaster resilience met to discuss developing a culture of resilience, implementing resilience, and understanding federal perspectives about resilience. This report includes a broad range of perspectives and experiences derived from many types of hazards and disasters in all parts of the country.

Holistic Disaster Recovery

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Publisher : DIANE Publishing
ISBN 13 : 9780756726201
Total Pages : 240 pages
Book Rating : 4.7/5 (262 download)

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Book Synopsis Holistic Disaster Recovery by :

Download or read book Holistic Disaster Recovery written by and published by DIANE Publishing. This book was released on 2001-09 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an all-purpose handbook on how to build sustainability into a community during the recovery period after a disaster. It has background information, practical descriptions, and ideas about what sustainability is, why it is a good for a community, and how it can be applied during disaster recovery to help create a better community. The book is intended to be used by local officials, staff, activists, and the disaster recovery experts who help the community during disaster recovery -- including state planners, emergency management professionals, mitigation specialists, and others. It is geared mainly toward small to medium-sized communities.

Disaster Resilience and Sustainability

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Publisher : Elsevier
ISBN 13 : 0323851967
Total Pages : 836 pages
Book Rating : 4.3/5 (238 download)

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Book Synopsis Disaster Resilience and Sustainability by : Sangam Shrestha

Download or read book Disaster Resilience and Sustainability written by Sangam Shrestha and published by Elsevier. This book was released on 2021-06-24 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disasters undermine societal well-being, causing loss of lives and damage to social and economic infrastructures. Disaster resilience is central to achieving the 2030 Sustainable Development Goals, especially in regions where extreme inequality combines with the increasing frequency and intensity of natural disasters. Disaster risk reduction and resilience requires participation of wide array of stakeholders ranging from academicians to policy makers to disaster managers. Disaster Resilient Cities: Adaptation for Sustainable Development offers evidence-based, problem-solving techniques from social, natural, engineering and other disciplinary perspectives. It connects data, research, conceptual work with practical cases on disaster risk management, capturing the multi-sectoral aspects of disaster resilience, adaptation strategy and sustainability. The book links disaster risk management with sustainable development under a common umbrella, showing that effective disaster resilience strategies and practices lead to achieving broader sustainable development goals. Provides foundational knowledge on integrated disaster risk reduction and management to show how resilience and its associated concept such as adaptive and transformative strategies can foster sustainable development Brings together disaster risk reduction and resilience scientists, policy-makers and practitioners from different disciplines Case studies on disaster risk management from natural science, social science, engineering and other relevant disciplinary perspectives

Building Community Resilience to Disasters

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Publisher : Rand Corporation
ISBN 13 : 0833052098
Total Pages : 104 pages
Book Rating : 4.8/5 (33 download)

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Book Synopsis Building Community Resilience to Disasters by : Anita Chandra

Download or read book Building Community Resilience to Disasters written by Anita Chandra and published by Rand Corporation. This book was released on 2011 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Community resilience, or the sustained ability of a community to withstand and recover from adversity has become a key policy issue at federal, state, and local levels, including in the National Health Security Strategy. Because resources are limited in the wake of an emergency, it is increasingly recognized that resilience is critical to a community's ability to reduce long recovery periods after an emergency. This report provides a roadmap for federal, state, and local leaders who are developing plans to enhance community resilience for health security threats and describes options for building community resilience in key areas. Based on findings from a literature review and a series of community and regional focus groups, the authors provide a definition of community resilience in the context of national health security and a set of eight levers and five core components for building resilience. They then describe suggested activities that communities are pursuing and may want to strengthen for community resilience, and they identify challenges to implementation.

Lifelines

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Publisher : World Bank Publications
ISBN 13 : 1464814317
Total Pages : 220 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Lifelines by : Stephane Hallegatte

Download or read book Lifelines written by Stephane Hallegatte and published by World Bank Publications. This book was released on 2019-07-16 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure—electricity, telecommunications, roads, water, and sanitation—are central to people’s lives. Without it, they cannot make a living, stay healthy, and maintain a good quality of life. Access to basic infrastructure is also a key driver of economic development. This report lays out a framework for understanding infrastructure resilience - the ability of infrastructure systems to function and meet users’ needs during and after a natural hazard. It focuses on four infrastructure systems that are essential to economic activity and people’s well-being: power systems, including the generation, transmission, and distribution of electricity; water and sanitation—especially water utilities; transport systems—multiple modes such as road, rail, waterway, and airports, and multiple scales, including urban transit and rural access; and telecommunications, including telephone and Internet connections.

Building Resilience

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Publisher : University of Chicago Press
ISBN 13 : 0226012875
Total Pages : 246 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Building Resilience by : Daniel P. Aldrich

Download or read book Building Resilience written by Daniel P. Aldrich and published by University of Chicago Press. This book was released on 2012-08-22 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Building Resilience highlights the critical role of social capital in the ability of a community to withstand disaster and rebuild both the infrastructure and the ties that are at the foundation of any community. Aldrich examines the post-disaster responses of four distinct communities - Tokyo following the 1923 earthquake, Kobe after the 1995 earthquake, Tamil Nadu after the 2004 Indian Ocean Tsunami, and New Orleans post-Katrina - and finds that those with robust social networks were better able to coordinate recovery. In addition to quickly disseminating information and financial and physical assistance, communities with an abundance of social capital were able to minimize the migration of people and valuable resources out of the area.

Disaster Resilience

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Publisher : National Academies Press
ISBN 13 : 0309261503
Total Pages : 216 pages
Book Rating : 4.3/5 (92 download)

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Book Synopsis Disaster Resilience by : National Academies

Download or read book Disaster Resilience written by National Academies and published by National Academies Press. This book was released on 2012-12-29 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: No person or place is immune from disasters or disaster-related losses. Infectious disease outbreaks, acts of terrorism, social unrest, or financial disasters in addition to natural hazards can all lead to large-scale consequences for the nation and its communities. Communities and the nation thus face difficult fiscal, social, cultural, and environmental choices about the best ways to ensure basic security and quality of life against hazards, deliberate attacks, and disasters. Beyond the unquantifiable costs of injury and loss of life from disasters, statistics for 2011 alone indicate economic damages from natural disasters in the United States exceeded $55 billion, with 14 events costing more than a billion dollars in damages each. One way to reduce the impacts of disasters on the nation and its communities is to invest in enhancing resilience-the ability to prepare and plan for, absorb, recover from and more successfully adapt to adverse events. Disaster Resilience: A National Imperative addresses the broad issue of increasing the nation's resilience to disasters. This book defines "national resilience", describes the state of knowledge about resilience to hazards and disasters, and frames the main issues related to increasing resilience in the United States. It also provide goals, baseline conditions, or performance metrics for national resilience and outlines additional information, data, gaps, and/or obstacles that need to be addressed to increase the nation's resilience to disasters. Additionally, the book's authoring committee makes recommendations about the necessary approaches to elevate national resilience to disasters in the United States. Enhanced resilience allows better anticipation of disasters and better planning to reduce disaster losses-rather than waiting for an event to occur and paying for it afterward. Disaster Resilience confronts the topic of how to increase the nation's resilience to disasters through a vision of the characteristics of a resilient nation in the year 2030. Increasing disaster resilience is an imperative that requires the collective will of the nation and its communities. Although disasters will continue to occur, actions that move the nation from reactive approaches to disasters to a proactive stance where communities actively engage in enhancing resilience will reduce many of the broad societal and economic burdens that disasters can cause.

Future-proofing the State

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Author :
Publisher :
ISBN 13 : 9781925021516
Total Pages : 302 pages
Book Rating : 4.0/5 (215 download)

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Book Synopsis Future-proofing the State by : Jonathan Boston

Download or read book Future-proofing the State written by Jonathan Boston and published by . This book was released on 2014 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the challenges facing governments and communities in preparing for and responding to major crises -- especially the hard to predict yet unavoidable natural disasters ranging from earthquakes and tsunamis to floods and bushfires, as well as pandemics and global economic crises. Future-proofing the state and our societies involves decision-makers developing capacities to learn from recent 'disaster' experiences in order to be better placed to anticipate and prepare for foreseeable challenges. To undertake such futureproofing means taking long-term (and often recurring) problems seriously, managing risks appropriately, investing in preparedness, prevention and mitigation, reducing future vulnerability, building resilience in communities and institutions, and cultivating astute leadership. In the past we have often heard calls for 'better future-proofing' in the aftermath of disasters, but then neglected the imperatives of the message. Future-Proofing the State is organised around four key themes: how can we better predict and manage the future; how can we transform the short-term thinking shaped by our political cycles into more effective long-term planning; how can we build learning into our preparations for future policies and management; and how can we successfully build trust and community resilience to meet future challenges more adequately?