Macroeconomic Risk Management against Natural Disasters
Authors: Hochrainer S
Publication Year: 2006
Reference: Deutscher Universitaets-Verlag, Wiesbaden, Germany
[ISBN 978-3-8350-0594-5]
Abstract
Natural disasters cause considerable economic damage. While developed countries usually are able to cope with the impacts of natural hazards, developing countries are faced with severe consequences for their resources. In order to prevent long-term macroeconomic repercussions, governments need a comprehensive disaster rick management strategy.