scholarly journals The Impact of Natural Disasters can Affect Economic Sustainability and Development

Author(s):  
Tismazammi Mustafa ◽  
Jaharudin Padli

Natural factors such as geological conditions, climate change, and depletion of mineral resources may affect economic sustainability and development. Natural resource degradation increases global challenges such as scarcity of resources, water, and land; hence, countries are exposed to natural disasters. Nevertheless, do natural disasters cause a rise in terrorist attacks? In general, terrorist attacks cause death, suffering, and severely affect social and economic situations, as well as national politics. The determinants of terrorist events are a popular issue globally that attract both researchers and policymakers. This research involved a structured methodology using a panel logit model between natural disaster and terrorism. It covered the binary data of terrorist attacks, which allowed the researchers to recognize the determinants that could lead to conflict. Based on the research of detailed data of 127 countries between 1970 and 2014, it was found that there is a strong positive relationship between the total number of deaths and the total occurrences of natural disasters and terrorist attacks. On the other hand, the total damage caused by natural disasters has a significant negative relationship with terrorist attacks. For other variables, the result gives a consistent significant relationship. From the findings, it may be concluded that rapid occurrences of natural disasters will increase the risk of terrorist attacks.

2020 ◽  
Vol 12 (7) ◽  
pp. 3038 ◽  
Author(s):  
Haiyan Ma ◽  
Yung-ho Chiu ◽  
Xiaocong Tian ◽  
Juanjuan Zhang ◽  
Quan Guo

Tourism is making an increasingly considerable contribution to the sustainable development of world economy, but its development is susceptible to a series of disaster events. The impact of disaster events on tourists’ travel decisions is receiving ever-growing attention. In this study, disasters are classified into two categories: namely, natural disasters and man-made disasters. Among these disasters, earthquakes and terrorist attacks—as the most representative two types—are taken as research examples. By virtue of a difference-in-difference research method and online review data from TripAdvisor, multiple incidents that have occurred in different countries are systematically and comparatively analyzed for verifying the effects of catastrophic events with varying natures, frequencies, and intensities on tourism. The main findings are as follows: (1) both natural disasters and man-made disasters have a negative effect on the number of tourists and the tourist experience; (2) higher frequency and intensity of terrorist attacks may not correspond to tourism, and terrorist attacks exert a more influential impact on the safety image of tourist destinations; (3) compared with the scale and intensity of earthquakes, the frequency of earthquakes has a greater effect on tourism; (4) compared with terrorist attacks, earthquakes have a greater effect on the number of tourists.


Author(s):  
Sergio F. Ochoa ◽  
José A. Pino

An urgent challenge confronting society today is the vulnerability of urban areas to “eXtreme” Events (XEs) (Mileti, 1999; CWR, 2002; Godschalk, 2003). These hazardous situations include natural disasters such as earthquakes, hurricanes, and floods, as well as accidental and intentional disasters such as fires and terrorist attacks. At the global level, a total of 608 million people were affected by these disasters in 2002, out of which 24,500 died (IFRC, 2003). The economic damages to property and the environment were estimated at $27 billion dollars (IFRC, 2003). From January to October 2005, the number of people killed in disasters globally was estimated at 97,490 and the economical losses were approximately U.S. $159 billion (WHO, 2006). These significant human and economic costs emphasize the urgent need to reduce the vulnerability of urban areas to XEs (Mileti, 1999; CWR, 2002; Godschalk, 2003), improve the impact of relief team actions in these situations (NRC, 1999; NSTC, 2003), and the decision making process (Stewart, 2002; Mendonca, 2007).


Author(s):  
Nur Widiastuti

The Impact of monetary Policy on Ouput is an ambiguous. The results of previous empirical studies indicate that the impact can be a positive or negative relationship. The purpose of this study is to investigate the impact of monetary policy on Output more detail. The variables to estimatate monetery poicy are used state and board interest rate andrate. This research is conducted by Ordinary Least Square or Instrumental Variabel, method for 5 countries ASEAN. The state data are estimated for the period of 1980 – 2014. Based on the results, it can be concluded that the impact of monetary policy on Output shown are varied.Keyword: Monetary Policy, Output, Panel Data, Fixed Effects Model


2016 ◽  
pp. 59-70
Author(s):  
Ninh Le Khuong ◽  
Nghiem Le Tan ◽  
Tho Huynh Huu

This paper aims to detect the impact of firm managers’ risk attitude on the relationship between the degree of output market uncertainty and firm investment. The findings show that there is a negative relationship between these two aspects for risk-averse managers while there is a positive relationship for risk-loving ones, since they have different utility functions. Based on the findings, this paper proposes recommendations for firm managers to take into account when making investment decisions and long-term business strategies as well.


Author(s):  
Sloane Speakman

In examining the strikingly high prevalence rates of HIV in many parts of Africa, reaching as high as 5% in some areas, how does the discourse promoted by the predominant religions across the continent, Islam and Christianity, affect the outlook of their followers on the epidemic? This question becomes even more intriguing after discovering the dramatic difference in rate of HIV prevalence between Muslims and Christians in Africa, confirmed by studies that have found a negative relationship to exist between HIV prevalence and being Muslim in Africa, even in Sub-Saharan African nations. Why does this gap in prevalence rates exist? Does Islam advocate participating in less risky behavior more so than Christianity? By comparing the social construction, epidemiological understanding and public responses among Muslim populations in Africa with Christian ones, it becomes apparent that many similarities exist between the two regarding discourse and that, rather than religious discourse itself, other social factors, such as circumcision practices, contribute more to the disparity in HIV prevalence than originally thought.


2020 ◽  
Vol 39 (1) ◽  
Author(s):  
Adiqa Kiani ◽  
Ejaz Ullah ◽  
Khair Muhammad

The main objective of this study is to investigate the impact of poverty, globalization, and environmental degradation on economic growth in the selected SAARC countries. This study is employed panel Autoregressive Distributive Lag (ARDL) technique for empirical analysis using selected SAARC regions including India, Pakistan, Bangladesh, Nepal and Sri Lanka over the period of 1980 to 2018. Globalization impacts economic growth positively and significantly.  In addition to this the significant negative relationship is found between population and economic growth. The results show that poverty is positively related with environmental degradation. Furthermore, the results indicate that globalization is positively and significantly associated with environmental degradation in the SAARC region. Finally, the results show that urbanization is positive and significantly associated with environmental degradation, which could be the serious concerns for the policy makers to control.


2019 ◽  
Vol 118 (4) ◽  
pp. 129-141
Author(s):  
Mr. Y. EBENEZER

                   This paper deals with economic growth and infant mortality rate in Tamilnadu. The objects of this paper are to test the relationship between Per capita Net State Domestic Product and infant mortality rate and also to measure the impact of Per capita Net State Domestic Product on infant mortality rate in Tamil Nadu. This analysis has employed the ADF test and ARDL approach. The result of the study shows that IMR got reduced and Per capita Net State Domestic Product increased during the study period. This analysis also revealed that there is a negative relationship between IMR and the economic growth of Tamilnadu. In addition, ARDL bound test result has concluded that per capita Net State Domestic Product of Tamilnadu has long run association with IMR.


2015 ◽  
Vol 3 (2) ◽  
pp. 69-84
Author(s):  
Wadhah Amer Hatem ◽  
Samiaah M. Hassen Al-Tmeemy

     Suicide attacks, bombings, explosions became the part of daily life in Iraq. Consequently, the threat of terrorism put the Iraqi construction sector in the face of unique and unusual challenges that not seen on other countries. These challenges can have extensive impact on construction projects. This paper seeks to examine the impact of the terrorist attacks on construction industry and determine the extent to which the impact of terrorism on construction projects in terms of cost, schedule, and quality. This study adapted quantitative and qualitative approaches to collect data using questionnaire survey and interviews, as well as historical data. The study focused on projects that have been the target of terrorist strikes in Diyala governorate. A variety of statistical procedures were employed in data analysis. The results revealed the extent to which terrorist attacks impact construction projects in terms of cost, time, and quality. The results of this study will enhance the awareness of all construction parties to the impact of the terrorist attacks against construction projects. Eventually, this can develop a risk management assessment and assist contractors to properly protect projects and buildings to minimize injuries and fatalities in the event of terrorism.


2018 ◽  
Vol 5 (1) ◽  
pp. 1-12
Author(s):  
Elias Randjbaran ◽  
Reza Tahmoorespour ◽  
Marjan Rezvani ◽  
Meysam Safari

This study investigates the impact of oil price variation on 14 industries in six markets, including Canada, China, France, India, the United Kingdom, and the United States. Panel weekly data were collected from June 1998 to December 2011. The results indicate that price fluctuations primarily affect the Oil and Gas as well as the Mining industries and have the least influence on the Food and Beverage industry. Furthermore, in three out of six of these countries (Canada, France, and the U.K.), oil price changes negatively affect the Pharmaceutical and Biotechnology industry. One possible reason for the negative relationship between oil price changes and the Pharmaceutical and Biotechnology industries in the above-mentioned countries is that the governments of these countries fund their healthcare systems. Portfolio managers and investors will find the results of this study useful because it enables adjusting portfolios based on knowledge of the industries that are impacted the most or the least by oil price fluctuations.


2021 ◽  
Vol 13 (15) ◽  
pp. 8262
Author(s):  
Katarzyna Smędzik-Ambroży ◽  
Marta Guth ◽  
Adam Majchrzak ◽  
Andreea Cipriana Muntean ◽  
Silvia Stefania Maican

Economic sustainability plays an important role in shaping conditions for economic growth and social development. The importance of answering the question about the level of sustainability of family farms results from the fact that the countries of Central and Eastern Europe, apart from exceptions (e.g. the Czech Republic and Slovakia), are characterized by a fragmented agrarian structure. Hence, the main goal of this article was to answer two questions: 1) whether the countries of Central and Eastern Europe differ in the level of economic sustainability of small family farms; and 2) whether the same socioeconomic factors impact similarly on the level of economic sustainability of small family farms from countries of Central and Eastern Europe. The study was based on surveys conducted in small family farms: in 2018 from Poland (672 farms) and in 2019 in four other countries (Lithuania; 999 farms, Romania; 834 farms, Serbia; 523 farms, Moldova; 530 farms). The publication includes a critical analysis of the literature, structure analysis and correlation analysis. The results show the occurrence of large differences between the economic sustainability of small family farms from the countries of Central and Eastern Europe. The research indicates that the larger the area of a small-scale family farm, the greater its economic sustainability. The productivity of these farms increases with their economic sustainability. The results also prove a negative relationship between the age of the farmer and the economic sustainability of their farm in all analysed countries. These trends were found in all analysed countries of Central and Eastern Europe. The results of the analyses support the conclusion that agricultural policy instruments aimed at increasing the economic sustainability of small family farms should lead to: land consolidation, a decrease in the age of farm owners through generational changes, and a decrease in employment in agriculture, which would lead to a reduction in labour input in the agricultural sector.


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