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Resilience and Recovery in Asian Disasters pp 339–353Cite as

Approaches Towards Effective Disaster Risk-Coping Strategies and Regional Cooperation on Disaster Management

Part of the Risk, Governance and Society book series (RISKGOSO,volume 18)

Abstract

This chapter returns to the core themes that have organized this book: the role of community, markets, and the government in mitigating against disaster and deepening resilience to shocks. Drawing on cutting edge research along with the investigations carried out by the authors in this volume, this chapter brings together multiple streams of theory and praxis to provide policy makers and disaster managers with concrete policy recommendations. We look at policies such as governance mechanisms, microcredit, micro- and regional insurance, and risk pooling schemes. Further, we draw out the policy implications for nations in East Asia and beyond in an era when disasters come more frequently and bring greater economic costs.

Keywords

  • Natural Disaster
  • Avian Influenza
  • Disaster Risk
  • Disaster Management
  • Idiosyncratic Risk

These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Fig. 16.1
Fig. 16.2

Notes

  1. 1.

    In the formal insurance market, the insurers need international reinsurance markets to pool disaster risks. Yet, it is known that reinsurance markets and trades of catastrophe (CAT) bonds are still thin.

  2. 2.

    Countries receiving technical assistance in disaster risk financing and insurance through the PDRFI Program include Papua New Guinea (PNG), Fiji, the Solomon Islands, Vanuatu, Samoa, the Federal States of Micronesia (FSM), Tonga, Kiribati, the Republic of the Marshal Islands, Palau, the Cook Islands, Tuvalu, Nauru, Niue and Timor-Leste. The Pacific catastrophe risk insurance pilot was launched in November 2012 with Vanuatu, Tonga, the Marshall Islands, the Solomon Islands, and Samoa.

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Author information

Authors and Affiliations

  1. Purdue University, West Lafayette, IN, USA

    Daniel P. Aldrich

  2. Faculty of Economics, University of Tokyo, Tokyo, Japan

    Yasuyuki Sawada

  3. Economic Research Institute for ASEAN and East Asia, Jakarta, Indonesia

    Sothea Oum

Authors
  1. Daniel P. Aldrich
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  2. Yasuyuki Sawada
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  3. Sothea Oum
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Corresponding author

Correspondence to Daniel P. Aldrich .

Editor information

Editors and Affiliations

  1. Department of Political Science, Purdue University, West Lafayette, Indiana, USA

    Daniel P. Aldrich

  2. Economic Research Institute for ASEAN and East Asia, Jakarta Pusat, Indonesia

    Sothea Oum

  3. Faculty of Economics, University of Tokyo, Bunkyo-ku, Tokyo, Japan

    Yasuyuki Sawada

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Aldrich, D.P., Sawada, Y., Oum, S. (2015). Approaches Towards Effective Disaster Risk-Coping Strategies and Regional Cooperation on Disaster Management. In: Aldrich, D., Oum, S., Sawada, Y. (eds) Resilience and Recovery in Asian Disasters. Risk, Governance and Society, vol 18. Springer, Tokyo. https://doi.org/10.1007/978-4-431-55022-8_16

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