Since 2009 |  Editor - Sunil Sonkar  |  Guest Post  |  Buy News At $1  |  Contact Us

China, India Economies Vulnerable To Natural Hazards: Study

By STAFF Reporter
August 11, 2011

The economies of China, India, Indonesia and Philippines face maximum risk due to natural disasters, reveals a report released by Maplecroft, an analysis and mapping company.

The firm mentions these emerging economies lack the combating capacity from the disaster caused naturally and also from its impact. It adds, Japan and US are also highly exposed to such natural hazards, but they are well equipped to combat with the impacts.

In its Natural Hazards Risk Atlas 2011, Maplecroft lists 196 countries across the world that are exposed to natural disasters such as tsunamis, earthquakes, floods, drought and tropical cyclones.

According to the atlas, USA ranks on the top followed by Japan, China and Taiwan. These four countries are categorized as "extreme risk" and titled as absolute economic exposure to natural hazards. The remaining five countries in the top ten list are India, Philippines, Turkey, Indonesia and Italy respectively. These six countries are categorized as "high risk".

The tsunami in Japan, United State tornadoes, New Zealand's Christchurch earthquake, and the Australia flood this year are assessed to have economic impact of $265 billion. This is just the first six months of 2011. Never earlier natural hazard costs so much to the world economy.



Post a Comment

User comments posted on Asia Pacific News website are the sole views and opinions of the comment writer and are not representative of any of our staff, writer, agency, reporter or citizen journalist. We accept no liability and will not be held accountable for user comments.

We reserve the right to edit, to remove or to censor any comments.

Webmasters seeking for backlinks may contribute a guest post with two outbound links (Home page and internal page) and submit it in the below comment box, which will be shifted to blog post under suitable category by moderator.