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|a Economic impact of natural disasters on development in the Pacific |h [electronic resource] |y English. |
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|a [S.l.] : |b Australian Agency for International Development (AusAID), |c 2005. |
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|a Refer to main document/publisher for use rights. |
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|a McKenzie, E., Prasad, B., & Kaloumaira, A. (2005). Economic impact of natural disasters on development in the Pacific. Australian Government/Australian Agency for International Development (AusAID), USP Solutions, the University of the South Pacific (USP), and South Pacific Applied Geoscience Commission (SOPAC). |
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|a This document addresses the shortcomings of current disaster assessment measures in the Pacific and offers a simplified and adapted version of the model developed by the United Nations Economic Commission for Latin America and the Caribbean (UNECLAC). The model is presented in two phases, a first section on the Framework Development, and a second Analysis section. The first phase of the model seeks to not only assess the direct costs of natural hazards, but also the macroeconomic impact, as well as the indirect and intangible costs associated with disasters. Indirect costs are those that accrue sometime after the disaster, while intangible costs are those that are “difficult to assign a monetary value” (p. 9), such as psychological damage and environmental change. The authors use a sectoral approach and cost-benefit analysis checklists and toolkits to make an overall assessment of the economic impact of disasters on development. They then proceed to review and rank alternative disaster risk management (DRM) measures and offer policy recommendations. The second phase of the document provides practical examples of the framework’s application. This section includes assessments of the impact of cyclones, floods, droughts, and earthquakes on various sectors in the states of Fiji, Nieu, Tuvalu, and Vanuatu over the last 20 years, determining that “greater emphasis on DRM will reduce the costs of disaster response and recovery (p. 9). Overall, this document proves how easily the Handbook for Estimating Socio-economic Costs and Environmental Effects of Disasters can be modified and adapted. Additionally, it brings to light some of the shortcomings of doing this kind of assessment in the Pacific region; shortcomings such as the lack of proper records, of coordination between relevant actors, and lack of funding for DRM agencies. It also calls on National Disaster Management Offices (NDMOs) to strengthen capacity and training in disaster impact assessment and cost-benefit analysis related to economic analysis; to integrate the work of NDMOs with Ministries of Finance and Economic Planning, Statistics Offices, and other agencies pertinent to addressing the economic impact of disaster; to improve data collection capacity by establishing and enhancing community-based participatory research methods; and lastly, to disseminate these guidelines and toolkit broadly amongst stakeholders. |
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|a General Disaster Risk Management |
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|a Electronic reproduction. |c Florida International University, |d 2013. |f (dpSobek) |n Mode of access: World Wide Web. |n System requirements: Internet connectivity; Web browser software. |
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|a Natural disasters |z Oceania |x Economic aspects. |
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|a Natural hazards and disasters |z Oceania. |
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|a Risk management |z Oceania. |
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|a Solomon Islands. |2 tgn |
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|a McKenzie, Emily |g Resource Economist |u South Pacific Applied Geoscience Commission. |
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|a Prasad, Dr. Biman |g Associate Professor & Head of Economics Department |u University of the South Pacific Team leader. |
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|a Kaloumaira, Atu |g Disaster Risk Management Advisor |u South Pacific Applied Geoscience Commission. |
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|a Disaster Risk Reduction Program, Florida International University (DRR/FIU), |e summary contributor. |
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|c Original |w (OCoLC)62712525 |
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|u http://dpanther.fiu.edu/dpService/dpPurlService/purl/FI13042483/00001 |y Click here for full text |
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|3 Related item |u http://lrd.spc.int/pubs/doc_download/1147-economic-impact-of-natural-disasters-on-development-in-the-pacific |y PDF File |
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|a http://dpanther.fiu.edu/sobek/content/FI/13/04/24/83/00001/FI13042483_thm.jpg |
