Reconstruction after Earthquakes: Sustainability and Development
This paper identifies key sustainability issues arising in earthquake-related projects financed by The World Bank. First, Bank-financed reconstruction activities are briefly described within the background of the Bank's objectives in development. Second, the connections between human activities and development decisions on the one hand and seismic risk and vulnerability on the other are discussed. The multiple nature of earthquake-related losses are identified, including economic (direct and indirect), time-related and institutional losses. Third, resource mobilization efforts following disasters are discussed, including issues related to local and international aid. Fourth, the inclusion of measures geared to preventing losses in Bank-financed reconstruction efforts are explored within the overall context of preserving sustainability and reducing vulnerability. The paper offers the conclusion that the losses from vulnerable development amount to a significant burden to member countries governments, institutions, and populations.