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Evaluating the myriad dimensions of how disasters can affect economic activity and decision-making, this cutting-edge Handbook presents a timely analysis of the conditions that reduce or exacerbate disaster impacts. Addressing developments in research on disaster economics, internationally recognized scholars combine theoretical considerations with empirical methods to expand and improve the field of disaster mitigation.
This book sets out to develop a new framework for the analysis and understanding of large natural disasters occurring in developing countries in the last three decades, and their effects on the economy and society. In doing so, it challenges many of the accepted wisdoms of disaster theory upon which policy prescriptions are built. A number of important issues are addressed and analysed within this framework. The reliability of current statistics about disasters is questioned, and the effects of disaster situations on the main economic aggregates are examined. The author also looks at the importance of indirect disaster effects, the motivations of disaster response, and the impact of both capital loss and disaster response on output. He assesses the minimum level of additional investment required to secure a balanced recovery, and the extent to which a society's structure and dynamics determine people's vulnerability to disasters. Finally, the overall effects of disaster situations on economy and society are considered. The author concludes that although disasters are primarily a problem of development, they are not necessarily a problem for development. What we should be looking at are the underlying social and economic processes within developing countries which structure the impact of natural disasters, rather than at disasters as unforeseen events requiring large scale intervention. An important feature of the book is the deconstruction of the notion of disaster. Disasters, the author points out, cannot be analysed in isolation from the particular social and political setting in which they occur.
The bestselling author of No Logo shows how the global "free market" has exploited crises and shock for three decades, from Chile to Iraq In her groundbreaking reporting, Naomi Klein introduced the term "disaster capitalism." Whether covering Baghdad after the U.S. occupation, Sri Lanka in the wake of the tsunami, or New Orleans post-Katrina, she witnessed something remarkably similar. People still reeling from catastrophe were being hit again, this time with economic "shock treatment," losing their land and homes to rapid-fire corporate makeovers. The Shock Doctrine retells the story of the most dominant ideology of our time, Milton Friedman's free market economic revolution. In contrast to the popular myth of this movement's peaceful global victory, Klein shows how it has exploited moments of shock and extreme violence in order to implement its economic policies in so many parts of the world from Latin America and Eastern Europe to South Africa, Russia, and Iraq. At the core of disaster capitalism is the use of cataclysmic events to advance radical privatization combined with the privatization of the disaster response itself. Klein argues that by capitalizing on crises, created by nature or war, the disaster capitalism complex now exists as a booming new economy, and is the violent culmination of a radical economic project that has been incubating for fifty years.
This book addresses unexpected disasters and shocks in cities and urban systems by providing quantitative and qualitative tools for impact analysis and disaster management. Including environmental catastrophes, political turbulence and economic shocks, Resilience and Urban Disasters explores a large range of tumultuous events and key case studies to thoroughly cover these core areas. In particular, the socio-economic impacts on urban systems that are subject to disasters are explored.
This work combines research and empirical evidence on the economic costs of disasters with theoretical approaches. It provides new insights on how to assess and manage the costs and impacts of disaster prevention, mitigation, recovery and adaption, and much more.
This timely book unpacks the idea of ‘disaster’ from a variety of approaches, broadening understanding and improving the usability of this complex and often contested concept. Including multidisciplinary perspectives from leading and emerging scholars, it offers reflections on how the concept of disaster has been shaped by and within various fields of research, providing complementary and thought-provoking comparisons across many domains.
Climate change is increasingly of great concern to the world community. The earth has witnessed the buildup of greenhouse gases (GHG) in the atmosphere, changes in biodiversity, and more occurrences of natural disasters. Recently, scientists have begun to shift their emphasis away from curbing carbon dioxide emission to adapting to carbon dioxide emission. The increase in natural disasters around the world is unprecedented in earth's history and these disasters are often associated to climate changes. Many nations along the coastal lines are threatened by massive floods and tsunamis. Earthquakes are increasing in intensity and erosion and droughts are problems in many parts of the developing countries. This book is therefore to investigate ways to prepare and effectively manage these disasters and possibly reduce their impacts. The focus is on mitigation strategies and policies that will help to reduce the impacts of natural disasters. The book takes an in-depth look at climate change and its association to socio-economic development and cultures especially in vulnerable communities; and investigates how communities can develop resilience to disasters. A balanced and a multiple perspective approach to manage the risks associated with natural disasters is offered by engaging authors from the entire globe to proffer solutions.
“This book about risk and disaster—and how they get amplified—is fascinating and hugely important as we face an ever-more-turbulent world.” —Rebecca Solnit, award-winning author of A Field Guide to Getting Lost The first decade of the twenty-first century saw a remarkable number of large-scale disasters. Earthquakes in Haiti and Sumatra underscored the serious economic consequences that catastrophic events can have on developing countries, while 9/11 and Hurricane Katrina showed that first world nations remain vulnerable. The Social Roots of Risk argues against the widespread notion that cataclysmic occurrences are singular events, driven by forces beyond our control. Instead, Kathleen Tierney contends that disasters of all types—be they natural, technological, or economic—are rooted in common social and institutional sources. Put another way, risks and disasters are produced by the social order itself—by governing bodies, organizations, and groups that push for economic growth, oppose risk-reducing regulation, and escape responsibility for tremendous losses when they occur. Considering a wide range of historical and looming events—from a potential mega-earthquake in Tokyo that would cause devastation far greater than what we saw in 2011, to BP’s accident history prior to the 2010 blowout—Tierney illustrates trends in our behavior, connecting what seem like one-off events to illuminate historical patterns. Like risk, human resilience also emerges from the social order, and this book makes a powerful case that we already have a significant capacity to reduce the losses that disasters produce. A provocative rethinking of the way that we approach and remedy disasters, The Social Roots of Risk leaves readers with a better understanding of how our own actions make us vulnerable to the next big crisis—and what we can do to prevent it. “Brilliant . . . Drawing on a trove of timely case studies, Tierney analyses how factors such as speculative finance and rampant development allow natural and economic blips to tip more easily into catastrophe.” —Nature
Disasters both natural and human-induced are leading to spiralling costs in terms of human lives, lost livelihoods and damaged assets and businesses. Yet these consequences and the financial and human crises that follow catastrophes can often be traced to policies unsuited to the emerging scales of the problems they confront, and the lack of institutional capacity to implement planning and prevention or to manage disasters. This book seeks to overcome this mismatch and to guide development of a more strategic policy and institutional framework. This updated and revised second edition includes new coverage of climate change adaptation, which has rapidly become central to disaster and emergency planning and management. This is an essential handbook for practitioners across the world seeking to improve the quality, robustness and capacity of their disaster management mechanisms.