Mitigation and Financial Risk Management for Natural Hazards
- Tags:
- Capital Market,
- Data Management,
- Disaster Recovery,
- Finance,
- Financial,
- Financial Services,
- Investment,
- Public Sector,
- University Of Pennsylvania
- Source:
- University of Pennsylvania
FREE Registration is required
Overview: The importance of public-private partnerships for disaster management has been stimulated by losses from catastrophes in the United States and other parts of the world. This paper explores risk management strategies for reducing losses from natural disasters and providing Inimical resources to victims of these devastating events in both developing countries and emerging economies. More specifically, it will examine programs that involve the private sector such as insurance and capital market instruments (e.g. Act of God bonds) in combination with public sector programs such as regulations and standards (e.g. well-enforced building codes). The focus of attention will be on the earthquake problem but the concepts are relevant to other natural and technological disasters as well.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: PDF | Size: 269KB | Date: Apr 2001 | Pages: 20
