Abstract
Although Vietnam has seen remarkable economic achievements over the last 25 years, the country is still one of the poorest countries in the world. Unfortunately, the country is prone to many natural hazards. Located in one of the five cyclone centers on the planet, Vietnam is hit by more than 4 storms and 3 floods per year. Though the aftermaths of natural hazards are sizable, estimating their impacts is challenging, yet crucial for policy development. This chapter conducts a scientific assessment of the impact of a natural catastrophe to help understand the multidimensional costs of disasters and to draw lessons on how the impacts of natural disasters can be properly assessed. In addition, it provides an overview of the management of natural disasters and climate change in Vietnam, to see how the policy system has been working to deal with the risk of natural disasters and climate change. Finally, it identifies possible options for Vietnam to move forward to an effective disaster risk management system which incorporates community capacity and collective action.
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Notes
- 1.
Unaffected households are households in communes in which wind speeds due to Damrey were lower than 35 knots.
- 2.
Actually, these household should have a value of zero for the variables.
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© 2015 Economic Research Institute for ASEAN and East Asia (ERIA)
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Trung, L.D. (2015). Economic and Welfare Impacts of Disasters in East Asia and Policy Responses: The Case of Vietnamese Communities. 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_4
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