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Environmental Risk Management for Developing Countries

Author

Listed:
  • Paul K Freeman

    (Graduate School of International Studies of the University of Denver,)

  • Howard Kunreuther

    (Wharton School, University of Pennsylvania)

Abstract

Disaster losses in the developing world have increased substantially over the past decade and are likely to accelerate in future years. This paper proposes an environmental risk management program for developing countries that consists of six modules. The pre-disaster phase includes risk identification, risk mitigation, risk transfer, and preparedness; the post-disaster phase is devoted to emergency response and rehabilitation and reconstruction. We illustrate the elements of each of these phases with a set of examples and then show how they have been applied in three countries: Fiji, India,and Turkey. The paper concludes with a set of suggestions for future research. The Geneva Papers on Risk and Insurance (2002) 27, 196–214. doi:10.1111/1468-0440.00164

Suggested Citation

  • Paul K Freeman & Howard Kunreuther, 2002. "Environmental Risk Management for Developing Countries," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 27(2), pages 196-214, April.
    • Handle: RePEc:pal:gpprii:v:27:y:2002:i:2:p:196-214
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    Citations

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    Cited by:

    1. Asadul Islam & C. Matthew Leister & Minhaj Mahmud & Paul A. Raschky, 2020. "Natural disaster and risk-sharing behavior: Evidence from rural Bangladesh," Journal of Risk and Uncertainty, Springer, vol. 61(1), pages 67-99, August.
    2. Bradley T. Ewing & Jamie B. Kruse & Özlem Özdemir, 2004. "Disaster Loses in the Developing World: Evidence from the August 1999 Earthquake in Turkey," Working Papers 2004/19, Turkish Economic Association.
    3. Rita Lamboglia & Francesco Paolone & Daniela Mancini, 2019. "Determinants of the implementation of environmental risk indicators: Empirical evidence from the Italian manufacturing context," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(2), pages 307-316, March.
    4. Joy Jia & Mike Adams & Mike Buckle, 2012. "Insurance and ownership structure in India’s corporate sector," Asia Pacific Journal of Management, Springer, vol. 29(1), pages 129-149, March.

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