Friday the twelfth of March 2011 was a disastrous day in Japan. A massive earthquake and Tsunami hit Japan causing loss of life to thousands of individuals and destroying so many properties. The loss is irreplaceable but nevertheless‚ aid organizations have stepped as much as do their bit to help with recovering from the disaster. The whole globe is welcome to help the people there with no matter they can. If you want to be concerned with offering help with the Japan Tsunami disaster listed below
Free Earthquake Tsunami Japan
Asymmetric information and moral hazard are important concepts in understanding the evolution of financial markets Name: Qiwei Sun When we consider the evolution of financial markets‚ information is the thing that we must pay much attention to deal with. Asymmetric information and moral hazard‚ the two important concepts‚ are playing key roles in the information system. Both of them could hinder the development of financial markets. So‚ in order to make the financial markets developing much more
Premium Risk Information asymmetry Economics
The 1906 San Francisco earthquake is widely believed to be the most significant earthquake of all time with regards to destruction‚ loss of life‚ and subsequent learnings. On the 110th anniversary of the April 18th‚ 1906 earthquake‚ we delve into how our understanding of earthquakes has developed and how this particular earthquake helped further our understanding. In 1906 San Francisco was a thriving city of 400‚000 and an important economic and trading center of the U.S. west coast. On April 18th
Premium Earthquake Tsunami 2004 Indian Ocean earthquake
organisations such as the Red Cross and UN Food Programs. The earthquake in Haiti impacted more than just locals. Tourists‚ UN peace members from China‚ Brazil‚ Jordania and others also died in the earthquake. Persons in other countries who had family in Haiti were also affected. This added to the global aspect of the Haitian earthquake. Responses were not only international. Regional efforts were also seen directly after the earthquake. According to a CARICOM press release (2010)‚ the Caribbean Disaster
Free United States Canada United Nations
“The hazards presented by volcanic and seismic events have the greatest impact on the world’s poorest people.” To what extent do you agree with this view? (40 marks) Volcanic and seismic events can take place all over the world and therefore both more economically developed countries (MEDCs) and less economically developed countries (LEDCs) can be affected. In the last 30 years there have been multiple examples of where volcanic and seismic events have had an impact on both MEDCs and LEDCs. Some
Premium Volcano 2004 Indian Ocean earthquake Earthquake
Imagine that you are the Chief Executive of Hong Kong‚ what will you plan to do in order to reduce the health impact of earthquake? Among all natural disasters‚ earthquake has perhaps caused the highest death toll and financial loss. Being unpredictable and undetectable‚ alleviation as well as evacuation have become even more difficult. The Hanshin-Awaji earthquake in 1995 caused a property loss of over US$60 billion and a lost of more than US$100 billion in capital (Sawada‚ 2008‚ p.463)‚ whereas
Premium Earthquake Hong Kong
The Hazard of Moral Hazard 09.01.09 - 12:00 AM | James K. Glassman When someone insures you against the consequences of a nasty event‚ oddly enough‚ he raises the incentives for you to behave in a way that will cause the event. So if your diamond ring is insured for $50‚000‚ you are more likely to leave it out of the safe. Economists call this phenomenon “moral hazard‚” and if you look around‚ you will see it everywhere. “With automobile collision insurance‚ for example‚ one is more likely to venture
Premium Risk Insurance
Impact of Kashmir earthquake of 2005 and its effect on the Pakistani Economy Abstract This paper will detail the events of the Kashmir earthquake of 2005 in Pakistan and examine its deleterious social and economic effects on the population in this region. Through the use of a variety of primary and secondary sources‚ this paper will seek to identify the causes of the damage and the reasons for which its primary and secondary effects were so harmful. It will analyze the earthquake and its repercussions
Premium Pakistan Kashmir
$258.8 billion GDP Per Capita: $1‚900 Population Below Poverty Line: 35.6% Natural Disaster Risk Hotspots: Cyclones Droughts Earthquakes Floods Landslides Natural Disaster Risk Hotspots (Weighted by Mortality) Cyclones Droughts Earthquakes Floods Landslides EM-DAT Information (1907-2004): Disaster Cyclone Drought Earthquake Flood Volcano # of Events 137 5 6 64 Total Killed 614‚112 18 34 50‚310 Avg. # Killed 4‚483 4 6 786 Total Affected 63‚817‚281 25‚002‚000
Free Demography Population Hazard
Hazards are anything that could cause damage to humans or buildings. Many volcanic and seismic events happen that cause hazards to humans. Often the world’s poorest people are hit the worst‚ however wealthier countries can also be adversely affected. The Kobe earthquake in Japan 1995 struck at 5.45am. Many people were asleep in bed‚ causing the hazard to be increased because the people were unaware. Although many Japanese buildings were of aseismic design‚ the roofs of their houses were designed
Premium Earthquake 2004 Indian Ocean earthquake Volcano