Conclusion and future work
As stated in the introduction this thesis focuses on the consequences of sudden-onset natural disasters on the macroeconomic level, especially for the public sector in developing countries. To lessen the impacts of natural disasters proactive risk management strategies were considered and incorporated into an integrated risk management approach to study and assess the costs and benefits of such strategies. The approach was operationalized and built into a catastrophe simulation model called CatSim, which is based on previous work done by G. Pflug and R. Mechler (Freeman et al. 2002a,b). In addition, graphical user interfaces were created to bridge the gap between scientific analysis and policy and implementation issues in the real world. In the following, a summary of the main findings in each chapter including a proposal for future work is presented.
KeywordsNatural Disaster Catastrophe Modeling Financial Vulnerability Reserve Fund Exposed Element
Unable to display preview. Download preview PDF.