| Refocusing disaster aid. | |
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MedLine Citation:
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PMID: 16099976 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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With new modeling techniques for estimating and pricing the risks of natural disasters, the donor community is now in a position to help the poor cope with the economic repercussions of disasters by assisting before they happen. Such assistance is possible with the advent of novel insurance instruments for transferring catastrophe risks to the global financial markets. Donor-supported risk-transfer programs not only would leverage limited disaster-aid budgets but also would free recipient countries from depending on the vagaries of postdisaster assistance. Both donors and recipients stand to gain, especially because the instruments can be closely coupled with preventive measures. |
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Authors:
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Joanne Linnerooth-Bayer; Reinhard Mechler; Georg Pflug |
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Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: Science (New York, N.Y.) Volume: 309 ISSN: 1095-9203 ISO Abbreviation: Science Publication Date: 2005 Aug |
Date Detail:
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Created Date: 2005-08-15 Completed Date: 2005-08-26 Revised Date: 2008-11-21 |
Medline Journal Info:
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Nlm Unique ID: 0404511 Medline TA: Science Country: United States |
Other Details:
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Languages: eng Pagination: 1044-6 Citation Subset: IM |
Affiliation:
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International Institute for Applied Systems Analysis, Laxenburg, Austria. |
Export Citation:
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| MeSH Terms | |
Descriptor/Qualifier:
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Developed Countries* Developing Countries* Disasters / economics* Financing, Government Insurance* International Cooperation* Models, Statistical Program Development Risk Risk Sharing, Financial* |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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