Kristin Nicholson
November 16, 2012
Asia is known for its blooming economy
and progression. Recently, Asia has been experiencing several natural disasters,
which have been putting stress on its economy. Asia’s geographic position puts
it at a disadvantage when it comes to natural catastrophes. Asia has experienced
much physical as well as economic damage since the 1980s. According to article,
citizens of Asia are four times more likely to be affected by natural disaster
than in Africa and 25 times more than in Europe or North America. So this is definitely
an issue that needs to be addressed.
Losses due to disaster could add up
to around $19 billion a year. The frequent occurrences of disasters and the ill
preparedness will potentially halt economic growth and development. Areas that
contain poorly managed rural land and deforestation most definitely intensify
the impact of storms and rising sea levels. In order to lessen the unfavorable
of effects of future disasters, more emphasis should be placed on disaster
prevention. Emphasis on disaster prevention would be more beneficial than simply
handling the effects after the disaster. Asia, one of the most rapid urbanizing
continents, could be economically and physically devastated if these disaster
prevention plans are implemented.
http://www.nytimes.com/2012/11/14/business/global/14iht-report14.html
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