Improving the Resilience of Livelihoods to Natural Disasters

Earthquakes, floods, cyclones, and such other hazards each year affect approximately 200 million people. Developing countries absorbed 98 percent of these disasters and accounted for nine out of ten disaster-related deaths in the period 1991-2005. In fact, low and middle income countries suffer more severe and widespread degradation than do wealthy countries, whose insurance market covers highly valued property and where sophisticated tools report absolute economic loss. To make the obvious apparent, the US$40 million losses caused by Hurricane Andrew in the United States represented 0.3 percent of gross development product (GDP), while one tsunami in the Maldives decimated 66 percent of GDP. Natural disasters, in terms of sheer loss, disproportionately impact low and middle income countries.

Bibliographic Details

Main Author:	Poundrik, Sandeep
Language:	English
Published:	World Bank, Washington, DC 2010-12
Subjects:	ACCESSIBLE BANKING, ACCIDENTAL DEATH, AGENTS, ALTERNATIVE EMPLOYMENT, APPLICATIONS, AVAILABILITY OF CREDIT, BANKING SERVICES, BANKS, BENEFICIARIES, BONDING, BUSINESS PLAN, CAPACITY BUILDING, CASH ACCOUNT, CASUALTIES, CATASTROPHIC INSURANCE, CATASTROPHIC LOSSES, CLIMATE CHANGE, COMMERCIAL BANKS, COMMISSIONERS, COMMUNITY DEVELOPMENT, CONTINGENCY PLANS, COVERAGE, CREDIT GROUPS, CREDIT LIMITS, CREDIT PROGRAMS, CROP INSURANCE, CUSTOMER BASE, DEBIT CARD, DEBT, DELIVERY MECHANISM, DELIVERY MECHANISMS, DEPOSIT, DEVELOPMENT BANK, DEVELOPMENT ORGANIZATION, DEVELOPMENT ORGANIZATIONS, DISABLED, DISASTER, DISASTER INSURANCE, DISASTER MANAGEMENT, DISASTER PREPARATION, DISASTER PREPAREDNESS, DISASTER PRONE AREA, DISASTER REDUCTION, DISASTER RESPONSES, DISASTER RISK, DISASTER RISK REDUCTION, DISASTER RISKS, DISASTER-AFFECTED POPULATIONS, DISTRIBUTION SYSTEM, DIVERSIFICATION, DROUGHT, DROUGHTS, EARLY WARNING, EARLY WARNING SYSTEM, EARLY WARNING SYSTEMS, EARTHQUAKE, EARTHQUAKE INSURANCE, EARTHQUAKES, ECONOMIC ACTIVITIES, ECONOMIC CRISIS, EMERGENCIES, EMERGENCY LOAN, EMERGENCY PREPAREDNESS, EMERGENCY RESPONSE, EMPOWERMENT, ENROLLMENT, EQUAL ACCESS, EQUITABLE ACCESS, ERUPTION, EVACUATION, EXPENDITURES, EXPLOITATION, FACILITATION, FAMILIES, FARMERS, FATALITIES, FINANCIAL INSTITUTIONS, FINANCIAL LITERACY, FINANCIAL MEASURES, FINANCIAL RESOURCES, FINANCIAL RISK, FINANCIAL SERVICES, FISCAL RESOURCES, FLOOD, FLOODING, FLOODS, FOOD DISTRIBUTION, FORMAL BANKING, FUNDING SOURCES, GENDER, GOVERNMENT FUNDING, HEALTH INSURANCE, HEALTH RISKS, HEAT WAVES, HOMEOWNERS, HOUSEHOLDS, HUMAN CAPITAL, HURRICANE, HURRICANES, IMPACT OF DISASTERS, INCOME-GENERATING ACTIVITIES, INFORMATION MANAGEMENT, INFORMATION SHARING, INSTALLMENTS, INSTITUTIONAL CAPACITY, INSURANCE, INSURANCE AGENCIES, INSURANCE BENEFITS, INSURANCE COMPANIES, INSURANCE COMPANY, INSURANCE COVERAGE, INSURANCE FUNDS, INSURANCE INDUSTRY, INSURANCE POLICIES, INSURANCE PREMIUMS, INSURANCE PRODUCTS, INSURANCE SYSTEM, INTEREST RATES, LABOR MARKET, LIFE INSURANCE, LIVESTOCK INSURANCE, LOAN, LOAN RECOVERY, MARKETING STRATEGY, MFI, MFIS, MICRO FINANCE, MICRO FINANCE INSTITUTIONS, MICROFINANCE, MIGRANT REMITTANCE, MIGRANT WORKERS, MONEYLENDERS, MORAL HAZARD, NATURAL DISASTER, NATURAL DISASTERS, NATURAL HAZARDS, NATURAL PHENOMENON, NUTRITION, PRIVATE INSURANCE, PRIVATE INSURANCE COMPANIES, PROGRAMS, RECONSTRUCTION, RED TAPE, RELIEF, RELIEF MATERIALS, RELIEF OPERATIONS, REMITTANCES, REPAYMENT, RESCUE, RESERVES, RISK ASSESSMENT, RISK EXPOSURE, RISK MANAGEMENT, RISK MITIGATION, RISK REDUCTION, SAFETY, SAFETY NET, SAFETY NETS, SANCTION, SANCTIONS, SAVINGS, SAVINGS PRODUCTS, SCHOLARSHIP, SLUMS, SMART MONEY, SOCIAL ASSISTANCE, SOCIAL DEVELOPMENT, SOCIAL FUND, SOCIAL FUNDS, SOCIAL NETWORKS, SOURCE OF INCOME, SOURCES OF INCOME, STORM, TECHNICAL ASSISTANCE, TRANSACTION COSTS, TSUNAMI, URBAN DEVELOPMENT, VICTIMS, VILLAGE, VILLAGE FUND, VOLCANO, VULNERABILITY TO DISASTERS, VULNERABLE GROUPS,
Online Access:	http://documents.worldbank.org/curated/en/2010/12/13317118/improving-resilience-livelihoods-natural-disasters https://hdl.handle.net/10986/10118
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