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Governance, Risk and Financial Impact of Mega Disasters - Lessons from Japan (Hardcover, 1st ed. 2019)
Loot Price: R3,508
Discovery Miles 35 080
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Governance, Risk and Financial Impact of Mega Disasters - Lessons from Japan (Hardcover, 1st ed. 2019)
Series: Economics, Law, and Institutions in Asia Pacific
Expected to ship within 10 - 15 working days
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This book addresses researchers, practitioners, and policy makers
interested in understanding the financial implications of
mega-disaster risks as well as in seeking possible solutions with
regard to governance, the allocation of financial risk, and
resilience. The first part of this book takes the example of Japan
and studies the impact of mega earthquakes on government finance,
debt positions of private household and businesses, capital
markets, and investor behavior by way of economic modeling as well
as case studies from recent major disasters. In Japan, the
probability of a mega earthquake hitting dense agglomerations is
very high. Like other large-scale natural disasters, such events
carry systemic risks, i.e., they can trigger disruptions
endangering the stability of the social, economic, and political
order. The second part looks at the experience of the Japanese
government as a provider of disaster-risk finance and an active
partner in international collaboration. It concludes with an
analysis of the general characteristics of systemic risk and
approaches to improve resilience.
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