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Study on the Importance of Investment in DRR and Advanced DRR Technology in ASEAN Countries

Author

Listed:
  • Makoto IKEDA

    (Asian Disaster Reduction Center, Kobe University, Japan)

  • Thawatchai PALAKHAMARN

    (Thailand Science Research and Innovation (TSRI), Thailand)

  • Venkatachalam ANBUMOZHI

    (Economic Research Institute for ASEAN and East Asia (ERIA), Indonesia)

Abstract

Rapid population growth and economic development have become apparent in ASEAN countries in recent years. Moreover, each year witnesses reported damage from major natural hazards, with a notable frequency of floods and storms. To mitigate the enormous damage caused by these natural hazards, the ASEAN countries are taking proactive measures through ‘investment in disaster risk reduction (DRR).’ These measures are varied and include early warning, disaster information sharing, and the utilisation of disaster prevention technologies. In addition, most of the practices reviewed in this study were found to be in line with the AADMER Work Programme 2021–2025 and the Sendai Framework, which are official documents in the field of disaster reduction. To further promote and effectively implement ‘investment in DRR’activities in the future, collaboration between countries, including Japan, and related organisations will be important.

Suggested Citation

  • Makoto IKEDA & Thawatchai PALAKHAMARN & Venkatachalam ANBUMOZHI, 2024. "Study on the Importance of Investment in DRR and Advanced DRR Technology in ASEAN Countries," Working Papers DP-2024-06, Economic Research Institute for ASEAN and East Asia (ERIA).
    • Handle: RePEc:era:wpaper:dp-2024-06
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    More about this item

    Keywords

    Investment in Disaster Risk Reduction; Technology for Disaster Risk Reduction; ASEAN countries and Japan; AADMER Work Programme 2021–2025;
    All these keywords.

    JEL classification:

    • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
    • F01 - International Economics - - General - - - Global Outlook
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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