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)


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.


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.


  1. Aldrich, D. P. (2012). Building resilience: Social capital in post-disaster recovery. Chicago: University of Chicago Press.CrossRefGoogle Scholar
  2. Aldrich, D. P. (2013a). Rethinking civil society-state relations in Japan after the Fukushima incident. Polity, 45(2), 249–264.CrossRefGoogle Scholar
  3. Aldrich, D. P. (2013b). A normal accident or a sea-change? Nuclear host communities respond to the 3/11 disaster. Japanese Journal of Political Science, 14(2), 261–276.CrossRefGoogle Scholar
  4. Barro, R. J. (2009). Rare disasters, asset prices, and welfare costs. American Economic Review, 99(1), 243–264.CrossRefGoogle Scholar
  5. Brune, N., & Bossert, T. (2009). Building social capital in post-conflict communities: Evidence from Nicaragua. Social Science & Medicine, 68, 885–893.CrossRefGoogle Scholar
  6. Cabinet Office. (2011). Monthly economic report (in Japanese, Getsurei Keizai Houkoku), Cabinet Office, The Government of Japan, March 2011.Google Scholar
  7. Camerer, C. F., & Kunreuther, H. (1989). Decision process for low probability events: Policy implications. Journal of Policy Analysis and Management, 8(4), 565–592.CrossRefGoogle Scholar
  8. Cavallo, E., & Noy, I. (2009). The economics of natural disasters - a survey, Working Paper. Washington, D.C.: Inter-American Development Bank.Google Scholar
  9. Chamlee-Wright, E. (2010). The cultural and political economy of recovery: Social learning in a post-disaster environment. London and New York: Routledge.Google Scholar
  10. Cox, R. S., & Perry, K. M. (2011). Like a fish out of water: reconsidering disaster recovery and the role of place and social capital in community disaster resilience. American Journal of Community Psychology, 48(3–4), 395–411.CrossRefGoogle Scholar
  11. De Mel, S., McKenzie, D., & Woodruff, C. (2008). Returns to capital in microenterprises: Evidence from a field experiment. Quarterly Journal of Economics, 123(4), 1329–1372.CrossRefGoogle Scholar
  12. Hayami, Y. (2009). Social capital, human capital, and community mechanism: Toward a consensus among economists. Journal of Development Studies, 45(1), 96–123.CrossRefGoogle Scholar
  13. Hazell, P. (2003). Potential role for insurance in managing catastrophic risk in developing countries. Proceedings of the World Bank Conference on Financing the Risks of Natural Disasters, June 2–3, 2003.Google Scholar
  14. Ichimura, H., Sawada, Y., & Shimizutani, S. (2006). Risk sharing against an earthquake: the case of Yamakoshi village. Mimeo, Faculty of Economics, University of Tokyo.Google Scholar
  15. Kage, R. (2013). Social capital and the future of disaster recovery research. Risk, Hazards, and Crisis in Public Policy, 4(1), 6–10.CrossRefGoogle Scholar
  16. Kahn, M. E. (2005). The death toll from natural disasters: The role of income, geography, and institutions. Review of Economics and Statistics, 87(2), 271–284.CrossRefGoogle Scholar
  17. Kellenberg, D. K., & Mobarak, A. M. (2011). The economics of natural disasters. Annual Review of Resource Economics, 3(1), 297–312.CrossRefGoogle Scholar
  18. Kohara, M., Ohtake, F., & Saito, M. (2006). On effects of the Hyogo earthquake on household consumption: A note. Hitotsubashi Journal of Economics, 47(2), 219–28.Google Scholar
  19. Meyer, M. (2013). Social capital and collective efficacy for disaster resilience. Unpublished Ph.D. Dissertation submitted to the Colorado State University in Fort Collins, Colorado.Google Scholar
  20. Miguel, E. (2009). Africa’s turn? Cambridge: MIT.Google Scholar
  21. Miguel, E., Satyanath, S., & Sergenti, E. (2004). Economic shocks and civil conflict: An instrumental variables approach. Journal of Political Economy, 112(4), 725–753.CrossRefGoogle Scholar
  22. Morduch, J. (2004). Micro-insurance: The next revolution? In A. Banerjee, R. Benabou, & D. Mookherjee (Eds.), What have we learned about poverty? Oxford: Oxford University Press.Google Scholar
  23. Nakagawa, Y., & Shaw, R. (2004). Social capital: Missing link to disaster recovery. International Journal of Mass Emergencies and Disasters, 22(1), 5–34.Google Scholar
  24. Nakata, H., Sawada, Y., & Tanaka, M. (2010). Entropy characterisation of insurance demand: Theory and evidence, RIETI Discussion Paper 10-E-009.Google Scholar
  25. Pronyk, P.M., Harpham, T., Busza, J., Phetla, G., Morison, L.A., Hargreaves, J.R., et al. (2008). Can social capital be intentionally generated? A randomized trial from rural South Africa. Social Science & Medicine, 67: 1559–1570.Google Scholar
  26. Rose, A. K., & Spiegel, M. M. (2011). Cross-country causes and consequences of the crisis: An update, Federal Reserve Bank of San Francisco Working Paper Series 2011-02. Federal Reserve Bank of San Francisco.Google Scholar
  27. Sawada, Y. (2007). The impact of natural and manmade disasters on household welfare. Agricultural Economics, 37(s1), 59–73.CrossRefGoogle Scholar
  28. Sawada, Y., & Shimizutani, S. (2005). Are people insured against natural disasters? Evidence from the Great Hanshin-Awaji (Kobe) earthquake in 1995’, CIRJE DP F-314, University of Tokyo, Faculty of Economics.Google Scholar
  29. Sawada, Y., & Shimizutani, S. (2007). Consumption insurance against natural disasters: Evidence from the Great Hanshin-Awaji (Kobe) earthquake. Applied Economics Letters, 14(4), 303–306.CrossRefGoogle Scholar
  30. Sawada, Y., & Shimizutani, S. (2008). How do people cope with natural disasters? Evidence from the Great Hanshin-Awaji (Kobe) earthquake in 1995. Journal of Money, Credit and Banking, 40(2–3), 463–488.CrossRefGoogle Scholar
  31. Skees, J., Varangis, P., Larson, D. F., & Siegel, P. (2004). Can financial markets be tapped to help poor people cope with weather risks? In S. Dercon (Ed.), Insurance against poverty. Oxford: Oxford University Press.Google Scholar
  32. Strömberg, D. (2007). Natural disasters, economic development, and humanitarian aid. Journal of Economic Perspectives, 21(3), 199–222.CrossRefGoogle Scholar
  33. Stuart-Menteath, F. (n.d.). Social capital: A concept for disaster recovery. Unpublished Ph.D. Dissertation for University of Brighton, UK.Google Scholar
  34. Townsend, R. M. (1994). Risk and insurance in village India. Econometrica, 62(3), 539–591.CrossRefGoogle Scholar
  35. Tse, C., Wei, J., & Wang, Y. (2013). Social capital and disaster recovery: Evidence from Sichuan Earthquake in 2008, Working Paper 344. Washington D.C.: Center for Global Development.Google Scholar
  36. World Bank and United Nations. (2010). Natural hazards, unnatural disasters. Washington, D.C.: World Bank.CrossRefGoogle Scholar
  37. Wright, G. A. N., & Hossain, M. (2001). BURO, Tangail’s approach to product development: A case study, mimeographed. Kenya: MicroSave Nairobi.Google Scholar
  38. Yang, D. (2008). Coping with disaster: The impact of Hurricanes on international financial flows, 1970-2002. B. E. Journal of Economic Analysis & Policy, 8(1), 1–45 (Advances), Article 13.Google Scholar

Copyright information

© Economic Research Institute for ASEAN and East Asia (ERIA) 2015

Authors and Affiliations

  • Daniel P. Aldrich
    • 1
  • Yasuyuki Sawada
    • 2
  • Sothea Oum
    • 3
  1. 1.Purdue UniversityWest LafayetteUSA
  2. 2.Faculty of EconomicsUniversity of TokyoTokyoJapan
  3. 3.Economic Research Institute for ASEAN and East AsiaJakartaIndonesia

Personalised recommendations