Economic and welfare impacts of disasters in East Asia and policy responses

ERIA Research Project Report 2011-08:

This report consists of the papers from ERIA’s research project on “Economic and Welfare Impacts of Disasters in East Asia and Policy Responses” in Fiscal Year 2011-12. It aims to improve our understanding on how the past and potential impacts of disasters on productions, demands, regional development, and welfare captured by income, poverty and health outcomes, and in depth analysis on economic policy implications at national and regional level. This project also aims at creating policy recommendations for reforms at the national level and explores the prospects for regional cooperation framework. All papers presented in this report were presented in two workshops held in Jakarta and Bangkok in 2011 and 2012.

Papers include:

Part I. Overall Ex-Ante Risk Management and Ex-Post Risk-Coping Mechanisms against Disasters at Community, National, and Regional Levels: Chapter 1. Approaches towards Effective Disaster Risk Coping Strategy and Regional Cooperation on Disaster Management; Chapter 2. Natural Disaster and Economic Policy for ASEAN and the Pacific Rim: A Proposal for a Disaster Risk Reduction ‘Seal of Approval’ Fund Chapter; 3. On the Design of Regional Insurance Schemes/ Mechanisms for East Asia; Chapter 4. Index-based Risk Financing and Development of Natural Disaster Insurance Programs in Developing Asian Countries; Chapter 5. Social Capital in Post Disaster Recovery: Towards a Resilient and Compassionate East Asian Community.

Part II. Household Level Welfare Impacts of Disasters: Chapter 6. Impact of Disasters and Role of Social Protection in Natural Disaster Risk Management in Cambodia; Chapter 7. Economic and Welfare Impacts of Disasters in East Asia and Policy Responses: The Case of Vietnam; Chapter 8. Impact of the 2011 Floods, and Flood Management in Thailand

Part III. Disaster Impacts on Production Networks, Urban Management, and Aggregate Regional Economies: Chapter 9. Impacts of Recent Crises and Disasters on Regional Production/Distribution Networks and Trade in Japan; Chapter 10. Impact of Natural Disasters on Production Networks and Urbanization in New Zealand; Chapter 11. Long-run Economic Impacts of Thai Flooding: Geographical Simulation Analysis

Part IV. Disaster Impacts on Health: Chapter 12. Mental Health Impacts of Disasters in India: Ex-Ante and Ex-Post Analysis; Chapter 13. Impact of Disasters and Disaster Risk Management in Singapore: A Case Study of Singapore’s Experience in Fighting the SARS Epidemic

Part V. Disaster Management in Agricultural Development, Food Securities, and Environmental Sustainability; Chapter 14. Impacts of Disasters and Disaster Risk Management in Malaysia: The Case of Floods; Chapter 15. Impacts of Natural Disasters on Agriculture, Food Security, and Natural Resources and Environment in the Philippines; Chapter 16. Emerging ‘Agricultural Involution’ in Indonesia: Impact of Natural Hazards and Climate Extremes on Agricultural Crops and Food System; Chapter 17. Impacts of Natural Disasters and Disasters Risk Management in China: The Case of China’s Experience in Wenchuan Earthquake