Natural disasters’ economic toll will grow in ASEAN
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Significance This comes as severe flooding has again hit the region with thousands of Thais forced to flee their homes and at least 83 Vietnamese reported dead as a result of flash floods and landslides caused by heavy rain. Impacts ASEAN’s low-income countries face the highest disaster risks because they lack resources to build resilience. Reliance on member states’ voluntary commitments will hamper ASEAN’s regional disaster management. Efforts to involve business and financial sectors in disaster-proofing will have partial success due to funding gaps. Disaster-proofing will require new disaster insurance packages and housing designs and construction.
2018 ◽
Vol 32
(7)
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pp. 1307-1318
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2020 ◽
Vol 14
(3)
◽
pp. 381-400
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2020 ◽
Vol 48
(1)
◽
pp. 39-61
2020 ◽
Vol 40
(9/10)
◽
pp. 1183-1200
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