RMI-2302 Lecture Notes - Lecture 12: World War I, Demographic Transition, Infant Mortality
6 Apr 2017
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Overview: natural hazards, human population, natural disasters, natural risk assessment: frequency/magnitude, population size, location, demographics, exponential growth, and carry capacity. Recent natural disasters: human vs. geological timeframes, typhoon haiyan, philippines 10k dead, earthquake/tsunami. Japan 2011: 19k and killed, 330k buildings destroyed, nuclear meltdown, ocean water 6 miles inland. Insured losses b, economic losses n: earthquake haiti, 230k killed of 10m, 2. 3% of population killed, 1918 flu, 8m dead in wwi, 3% of world"s populatio(cid:374) dead (cid:894)50m(cid:895) They are direct and inevitable consequences of high risk land use and failures of government to adopt or respo(cid:374)d to su(cid:272)h k(cid:374)ow(cid:374) risk. (cid:863) Human response to disasters: people tend to be altruistic in times of emergency, creates incentives in non-emergency times. Economic losses: 35 of top 40 losses (insured losses, us, japan, europe. Infrastructure: role of insurance in economic development. Insured losses only a portion of economic losses: anywhere from 25-50% in developed nations, much smaller in developing nations.
