Running head: Hurricane Katrina: The Economic Impact of Natural Disasters Hurricane Katrina: The Economic Impact of Natural Disasters Timothy T. Boyd Embry-Riddle Aeronautical University Abstract Major natural disasters can do and have severe negative short-run economic impacts. Disasters also appear to have adverse longer-term consequences for economic growth‚ development‚ and poverty reductions. Natural disasters cause significant budgetary pressures‚ with both narrowly fiscal
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Disaster Management Hazard A hazard is a situation that poses a level of threat to life‚ health‚ property‚ or environment. Most hazards are dormant or potential‚ with only a theoretical risk of harm; however‚ once a hazard becomes "active"‚ it can create an emergency situation. A hazardous situation that has come to pass is called an incident. Hazard and vulnerability interact together to create risk. Hazards are sometimes classified into three modes: Dormant - The situation has the potential
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WHO collaborating Centre for Research on the Epidemiology of Disasters - CRED Annual Disaster Statistical Review 2010 The numbers and trends Debby Guha-Sapir‚ Femke Vos‚ Regina Below with Sylvain Ponserre Annual Disaster Statistical Review 2010 The numbers and trends Debby Guha-Sapir Femke Vos Regina Below with Sylvain Ponserre (UNISDR) Centre for Research on the Epidemiology of Disasters (CRED) Université catholique de Louvain – Brussels‚ Belgium Acknowledgements The data upon which this report
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[pic] • Home • News • Canada • Eelam • Tamil • Articles • Human Rights • Business Directory • Memory of the Day [pic] Home :: Canada :: Eelam & Canada Natural Disasters in Sri Lanka By: Pon Kulendiren When you look back at the history of natural disasters in Sri Lanka one will be surprised to know that the island is located in a dangerous position not far away from the two fault lines‚ one in Indian Ocean and the other in the Bay of Bengal. The volcanic mountain
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Prepare for Any Disaster 6/10/2013 Topics in Contemporary Social Issues We must have tools and plans in place to make it on our own in case of a disaster happening. Just like having a functioning smoke detector in your house‚ having emergency supply kits will put tools that one may need at your feet. It is important to be prepared to use what you have on hand to make it on your own for at least three days‚ maybe even longer. There are six basic items that one should ensure if any disaster were to occur
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Wreaking Havoc: Natural and Man-made Most of the time‚ disasters are the head of the news. We receive daily news about disastrous events in our world. What can we do about these disasters? Could we stop it from devastating the world? We cannot put our blames to the nature. Natural disasters are certainly beyond human control. But human action and inaction can intensely affect their outcome‚ exacerbating or mitigating their effects on people. Different catastrophes alarm us-earthquake‚ flood
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prepare the meals that people need‚ and basic needs that victims may also need during rescue. People should support Convoy of Hope because they help natural disaster victims‚ they provide food and water to kids and adults in poorer countries‚ and they also empower women to value their worth in poorer countries or isolated countries. In natural disasters‚ people living in those areas have absolutely nothing
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Hurricane Katrina is known for one of the worst natural disaster to hit the United States. The storm itself caused a lot of damage‚ but it was the aftermath that was the worst. The Federal Government seemed unprepared of the storm. I believe our government should always be ready for any natural disaster and how to keep people safe. One way the government did little help in the aftermath of the storm was after the breaking of the levees. The Army Corps of Engineers concluded that‚ the reason why
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THE POLITCAL STORM How Hurricane Katrina Exposed Political Chaos On August 29‚ 2005‚ the United States witnessed a catastrophic natural disaster that demolished not only homes and roads‚ but lives. Hurricanes Katrina hit the Gulf Coast in Louisiana ranking at a category 3 on the Saffir-Simpson Hurricane Scale‚ maintaining winds of 100-140 miles per hour and stretching 400 miles across. What experts can agree on is that there was over an estimated $100 billion in damage‚ but what they cannot agree
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Natural disasters have always devastated human lives miserably. Be it an earthquake‚ hurricane‚ flood‚ tsunami or any other kind. The human life in the worse affected area reaches to a zero. Almost everything from food‚ clothing and shelter to the luxuries are to be restored from scratch. Series of scams and frauds that follow any natural disaster compel me to think ‘if natural disasters are really an act of God or man?’ Though economists keep studying the affects of natural disasters from an
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