Coping with disaster risk management in Northeast Asia : economic and financial preparedness in China, Taiwan, Japan and South Korea / by Gregory Coutaz.

Includes bibliographical references and index.

Disaster risk management is of increasing significance in today's world. Every year, natural disasters cause tens of thousands of deaths and tens of billions of dollars' worth of losses. Northeast Asia holds a high propensity for natural disasters, including earthquakes, tsunamis, typhoons, floods and landslides. Countries in the region have a long history of natural disasters that have devastated populations, cities and their heritage. Restoring livelihoods and rebuilding social and economic infrastructures requires adequate political actions and financial resources, necessitating the implementation of a comprehensive strategy for the management of catastrophe risks. Coping with Disaster: Risk Management in Northeast Asia provides an examination of the disaster risk management approaches and financing practices adopted in China, Taiwan, Japan and South Korea. The objective of this book is to provide the necessary information on hazards, exposures and vulnerabilities to assist policy development design to increase governmental preparedness for catastrophe risks. It addresses the traditional aspects of disaster risk management, but goes further to focus on the measures of financial protection required to secure post-disaster resources and strengthen budgetary discipline. Written in an accessible and comprehensible manner, the book will appeal to a wide audience, but is of special interest to policy-makers, public officials, insurance managers and students eager to learn more about disaster risk management in one of the most exposed regions in the world.

Online resource; title from PDF title page (EBSCO, viewed October 24, 2018).

Cover; Title; Copyright; Contents; List of Abbreviations; Chapter 1. Introduction; 1.1. Addressing the Threat of Natural Disasters; 1.2. Disaster Risk Governance; 1.3. Hazard, Risk, and Disaster; 1.4. Tragedy or Opportunity; 1.5. About this Book; References; Chapter 2. Financing Natural Disasters; 2.1. Comprehensive Disaster Risk Management Strategy; 2.2. Pre-Disaster Budgetary Measures; 2.3. Insurance and Reinsurance; 2.4. Catastrophe (CAT) Bonds; 2.5. Making a Difference; 2.6. Conclusion; References; Chapter 3. China: Disaster Preparedness, Response, and Recovery

3.1. The Great Sichuan Earthquake3.2. Economic Development and Urbanization; 3.3. Climate Change and Agriculture Losses; 3.4. Compact Institutional System; 3.5. The Role of the PLA in Disaster Response; 3.6. Central Public Funding; 3.7. The Lack of Insurance Coverage; 3.8. Building Resilience in Shanghai; 3.9. Where is the Civil Society?; 3.10. Conclusion; References; Chapter 4. Evolution of Disaster Risk Management in Taiwan; 4.1. Natural Disasters in Taiwan; 4.2. Disaster Risk Management before 1999; 4.3. The 921 Earthquake Revolution

4.4. Taiwan Residential Earthquake Insurance Fund: Residential Earthquake Financial Protection4.5. The Formosa Re CAT Bond; 4.6. Deadly Morakot; 4.7. Public Budgets and Emergency Funds; 4.8. Importance of Charitable Donations; 4.9. Conclusion; References; Chapter 5. Living with Natural Disasters in Japan; 5.1. Recognition of Japanese Expertise in Disaster Risk Management; 5.2. Public Awareness and Education; 5.3. Japan Earthquake Reinsurance Co. Ltd. and Cooperative Mutual Insurers; 5.4. Kobe Misery; 5.5. Triple Disaster of the Tohoku Earthquake and Tsunami; 5.6. Post-Disaster Reactions

5.7. Cost of Protection5.8. Conclusion; References; Chapter 6. South Korea: Vulnerability and Adaptation to Natural Disasters; 6.1. Risk Identification; 6.2. The Impacts of Past Disasters; 6.3. Modernization of the Legal System; 6.4. Institutional Framework; 6.5. Disaster Insurance Schemes; 6.6. Environmental Protection; 6.7. Political and Social Obstacles; 6.8. Conclusion; References; Chapter 7. Need for Financial Preparedness; 7.1. Promoting Disaster Risk Awareness; 7.2. Public-Private Partnerships; 7.3. International Practices; 7.4. Regional Initiatives; 7.5. Conclusion; References

Chapter 8. Conclusion8.1. Similarities and Differences Observed; 8.2. Limited Private Participation; 8.3. Indispensable Commitment; References; Index

eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - Worldwide