Disaster Economic Loss and Income

Author(s):  
Md. Abul Kalam Azad ◽  
Md. Juel Mia ◽  
A. K. M. Nazrul Islam

Disaster assessment is quite complicated considering the nature of the disaster and methodological ambiguity generated due to different guidelines of different institutions. This study analyzed various available techniques and, after that, proposed a model to estimate both direct and indirect losses with a single equation. The study used multidisciplinary tools and techniques to assess the 2017 flood in a micro-level area in Bangladesh. The analysis found that the flood inundating around 78.37% of the area, damaged crops, and various infrastructures. The cost of damages accounts for 2.44% of the income of the people, whereas they experience a 21.49% reduction in their yearly income. The study explains how a flood creates obstacles in accessing land, labor, and capital in such a way that people experience significant losses in their income, beyond the damage. Hence, if these access factors can be kept operating during any disaster, a huge amount of loss can be avoided. The study at the end proposed a solution to overcome such losses.

Author(s):  
Manbir Sandhu ◽  
Purnima, Anuradha Saini

Big data is a fast-growing technology that has the scope to mine huge amount of data to be used in various analytic applications. With large amount of data streaming in from a myriad of sources: social media, online transactions and ubiquity of smart devices, Big Data is practically garnering attention across all stakeholders from academics, banking, government, heath care, manufacturing and retail. Big Data refers to an enormous amount of data generated from disparate sources along with data analytic techniques to examine this voluminous data for predictive trends and patterns, to exploit new growth opportunities, to gain insight, to make informed decisions and optimize processes. Data-driven decision making is the essence of business establishments. The explosive growth of data is steering the business units to tap the potential of Big Data to achieve fueling growth and to achieve a cutting edge over their competitors. The overwhelming generation of data brings with it, its share of concerns. This paper discusses the concept of Big Data, its characteristics, the tools and techniques deployed by organizations to harness the power of Big Data and the daunting issues that hinder the adoption of Business Intelligence in Big Data strategies in organizations.


2011 ◽  
Vol 1 (1) ◽  
pp. 2
Author(s):  
Gerassimos A. Papadopoulos

Geosciences are developing and applying a wide range of methodologies to assess natural hazards. Significant advances in the site characterization and models development have been achieved in the last decade, but many challenges still remain. Several disastrous earthquakes in the past decade accompanied with tsunamis have required a rapid assessment of the underlying causes of the tragic loss of life and property. Natural disasters risk reduction and control as a crucial criterion for sustainable development and minimizing social and economic loss and disruption due to earthquakes, tsunamis and other hazards requires reliable assessment of the seismic and tsunami hazard, as well as mitigation actions of the vulnerability of the built environment and risk. All of these provide the critical basis for improved building codes and construction emergency response plans for the people and infrastructure safety and protection.


2021 ◽  
Vol 24 (1) ◽  
pp. 43-49
Author(s):  
Agota Banyaine Toth ◽  

The well-chosen inventory policy has a great impact on the performance of production and logistics processes, because it can influence not only the reliability, the cost efficiency, and the sustainability of the processes and resources, but packaging system can force the quality of products and processes. Within the frame of this article an exchange curve-based analysis method of packaging related inventory policy is described. This analysis method makes it possible to highlight the problems in inventory policy and find an improve solution in both macro- and micro-level. The computation method is based on the exchange of annual order cost and average inventory investment, especially in the case of economic order quantity-based packaging order policies.


2019 ◽  
Vol 4 (1) ◽  
pp. 11-20
Author(s):  
C. Zoramthara ◽  
Lalthakima

Sateek village is vulnerable to plenty of disasters such as earthquake, landslide, forest fire and disease outbreak. Some other features like poverty, remote area from the city, lack of hospital and other emergency services make the people of this village more vulnerable. The present study deals with the idea of community based disaster management (CBDM) and their risk assessment in Sateek village, which is located in Aibawk block of Aizawl District, Mizoram, India. The data used in this research include collection of primary data through interview, questionnaire and Secondary data. Landslide risk analysis was carried out in quantitative approach. The study seized disaster assessment, resource analysis, risk and vulnerable profile and response plan and interpretation in various disaster of Sateek village and how community based disaster management (CBDM) plan can help the people to cope with hazards.


2019 ◽  
Vol 23 (2) ◽  
pp. 150 ◽  
Author(s):  
Saptawartono Saptawartono ◽  
Kumpiady Widen ◽  
Hendrik Segah ◽  
Yanarita Yanarita

The Bukit Tangkiling Conservation Area has great potential for natural resources, including clean water, honey bees, recreation services, and religious services. There is also potential for split stone, which had been mined by the people from the rock hills in the area. The potential utilization of these natural resources trigger conflicts between interests to maintain the function and existence of conservation areas with the interests of using split stone for the community in order to meet the development needs of the city of Palangka Raya and its surrounding regions, at the cost of damaging the existing area. As an input in managing the conservation area Bukit Tangkiling is well implemented, research is needed on the social and economic conditions of the community’s surrounding the area. The research used survey methods and respondents are determined by purposive sampling and simple random sampling, and data analysis was both qualitative and quantitative. The communities around the Bukit Tangkiling conservation area are dominated by productive age (18-56 years), Banturung Village 59.00% and Tangkiling Village 54.97%. The level of education is relatively low, Banturung Village 72.96% and Tangkiling Village 73.29%. Having low education, most of the people have difficulty in finding decent work. Aside from that, most people do not understand the function of the forest or the function of the conservation area and tend to be apathetic about the existence of the Bukit Tangkiling conservation area that must be preserved. For some of these poorly educated people, the work of mining rocks is the best alternative to meeting the economic needs of the household. Income obtained from mining rock ranges from 2-4 million IRD per month.


2021 ◽  
Vol 9 ◽  
Author(s):  
Xueyu Lin ◽  
Hualei Yang ◽  
Yuanyang Wu ◽  
Xiaodong Zheng ◽  
Lin Xie ◽  
...  

Since the first case of the novel coronavirus (SARS-CoV-2) was reported in Wuhan, China, in December 2019, the coronavirus disease (COVID-19) has quickly spread to all the corners of the world. Amid the global public health threats posed by the COVID-19 pandemic, active cooperative governance has gradually emerged as the most powerful weapon against its spread. To facilitate international cooperation for pandemic governance, this paper applied the evolutionary game theory to analyze the factors influencing active cooperative governance and, based on the results, proposed a series of recommendations for promoting international cooperation. (1) leveraging the role of international organizations to reduce the cost of realizing the strategy of active cooperative governance, (2) promoting the international exchange of related experiences to lower the cost of active pandemic governance, (3) sustaining productive and daily activities during the pandemic in a classified and hierarchical manner to reduce the economic loss incurred by active pandemic governance, and (4) optimizing the incentive measures of international organizations to facilitate the selection of active cooperative governance. Finally, from the four aspects of resource management of pandemic treatment, supply management of living materials, population flow cooperation management, and governance fund cooperation management, this paper gives the path of international pandemic cooperative governance.


2018 ◽  
Vol 1 (01) ◽  
pp. 79-85
Author(s):  
Madhur Dev Bhattarai

Safety of people and traffic police on road and the provision of prompt and appropriate treatment of injured persons in road accident are urgent concerns. The nine recommendations accordingly made are 1) Considering anyone who informs about or brings to the hospitals the accident victims as innocent until proved otherwise, 2) Annual payment by all vehicle owners (as per the cost of vehicles) to generate treatment fund for any road accident injured patients in the free general (not paying or private or extended health service) outdoor or emergency clinics or ward of the public hospitals irrespective of anyone’ fault in the accident (insurance or other agencies may be assigned to handle the amount deposited and reimbursement of the payments to the hospitals), 3) Implementation of helmet wearing by motorcycle riders and pillion riders in motorcycles, 4) Stricter fine for hazardous traffic offenses, 5) Drivers of the larger vehicles should not automatically be held responsible for any accidents involving other smaller vehicles (to prevent smaller vehicles and motorcycles to drive recklessly), 6) Drivers should not be just held responsible to bear health expenses of injured patients (which is much more than the compensation required in the event of death of injured persons); this is to encourage drivers to take injured persons immediately to hospitals and prevent inclination to allow their deaths indirectly or directly; the drivers should be proportionately fined or punished as per the traffic regulations if they are found to be negligent, 7) Safe and visible platform for the traffic police to stay on the road, 8) Provision of cost-effective respirators for traffic police and traffic supervisors, and 9) Compensation for occupational hazards to the traffic police and field traffic supervisors by distributing to them adequate proportion (e.g. one-third to one-half) of the fund collected by stricter fine paid for the hazardous traffic offences. Provision of various allowances, including for hazards, and benefits is a common practice in the country. Compensation for the occupational hazards of the traffic police provides incentives to and motivates them to remain vigilant about hazardous traffic offenses day and night everywhere and, thus, is essential for the safety of the people.   


The women entrepreneurs play a very vital role in the economy of a country. The small enterprises run by women entrepreneurs at micro-level make a great contribution in the market by introducing various innovative ideas, products and services for the people. On the other hand, women face issues in accessing education, training and other services because the free market mechanism does not provide isolated openings for women. Women have to compete for and work in the same existing and regulatory framework as their counterpart does so. The situation compels a deeper understanding of the gender prejudices that has become the confining factors for women in accessing and availing business opportunities and active participation. In Pakistan, society several societal, cultural, traditional and religious elements have made the environment more complicated for women, particularly in the field of business sector. The existing environment is a legacy of patriarchal system that believes in no women participation in the outer world. In other words, women in such societies have no say in decision making and are not allowed to have economic independence.


2014 ◽  
Vol 971-973 ◽  
pp. 2458-2461
Author(s):  
Zhao Xia Ma ◽  
Guang Cai Yan

To survive and prosper in a more competitive construction market nowadays, a company must strengthen the cost management of construction project. This paper expounds the present situation of the construction project cost management, existent problem in the process of the construction project cost management. Countermeasure analysis of perfecting the construction project cost management is discussed in respect to the management concept and method, information technology application, the people-oriented and sustainable concept of development.


Author(s):  
Adam Seth Levine

This chapter describes in greater detail the objective situation facing Americans in four major areas of financial threats: job insecurity, healthcare costs, retirement, and the cost of college. It analyzes the politics of such threats among the mass public. It examines the extent to which the people who consider such issues important are facing them in their own daily lives, as opposed to a situation in which their concerns are reflective of what others are facing. The data for this chapter are drawn from several sources, including time series data from Gallup beginning in the early 1950s as well as American National Election Study data from the past three decades that (broadly) match the time frame in which the objective situation in these four areas has become more insecure.


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