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Economics of Disaster

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Global Water Partnership-Caribbean (GWP-C)
Global Water Partnership-Caribbean (GWP-C)

Presentation made at GWP-C's Disaster Mitigation workshop held in Guyana in December 2009.

Economía y finanzasEmpresariales
1 de 22
Economics of disaster Training Course on Factoring Hydro-Climatic Disasters in IWRM
GOAL AND LEARNING OBJECTIVES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
INTRODUCTION ,[object Object],[object Object]
OCCURRENCE BY DISASTER TYPE
HUMAN IMPACT BY DISASTER TYPES
IMPACTS OF DISASTER ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
INDIRECT IMPACTS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SECONDARY IMPACTS ,[object Object],[object Object],[object Object]
SECONDARY IMPACTS ,[object Object],[object Object],[object Object],[object Object]
IMPACTS OF DISASTER ,[object Object],[object Object],[object Object],[object Object]
Why is Disaster a Development Issue? ,[object Object],[object Object],[object Object],[object Object],[object Object]
IMPACTS OF DISASTER ON CAPITAL FORMATION
Risk Reduction Investments ,[object Object],[object Object],[object Object],[object Object],[object Object]
Risk Reduction Investment Hazard Floods, drought, etc Elements at risk Capital stock, population Physical vulnerability Susceptibility to physical damage Risk Potential direct losses STEP 1 Financial vulnerability /potential financing gaps Ability to finance reconstruction of lost stocks and provide assistance to households and private sector STEP 2 Macro economic impacts Effects of losing capital stock and diverting funds for financing losses STEP 3 ,[object Object],[object Object],[object Object],[object Object],[object Object]
Disaster Risk Transfer ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Post- and Pre- Disaster Financial Instruments Type Source Pre-disaster risk-transfer ,[object Object],[object Object],[object Object],[object Object],Post-disaster financing Decreasing government expenditures Diversion from budget Raising government revenues Taxation Deficit financing Domestic Central Bank credit Foreign reserves Domestic bonds and credit Deficit financing External Multilateral borrowing International borrowing Assistance
Risk Transfer – Insurance ,[object Object],[object Object],[object Object]
Risk Transfer – Insurance ,[object Object],[object Object],[object Object]
Risk Transfer – Insurance ,[object Object],[object Object]
Water and disaster management ,[object Object],[object Object],[object Object],[object Object]
Discussion Question ,[object Object]
Lessons Learnt ,[object Object],[object Object],[object Object],[object Object]

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