Source: SourceOCDE Gouvernance, Volume 2008, Number 31, September 2008 , pp. i-315(315)

Publisher: OECD - Organisation for Economic Co-operation and Development

Abstract:

Dramatic events, such as the earthquake that struck China's Sichuan Province in 2008 and the devastation caused by Hurricane Katrina in the United States in 2005, have brought the financial management of catastrophic risks once again to the forefront of the public policy agenda globally. To address these issues and develop sound policies, the OECD has established an International Network on the Financial Management of Large-Scale Catastrophes. This publication supports the ongoing activities of the Network.

This book contains three reports focusing on different institutional approaches to the financial management of large-scale catastrophes in selected OECD and non-OECD countries, the role of risk mitigation and insurance in reducing the impact of natural disasters, and the importance of strategic leadership in the management of non-conventional crises.

PART I. POLICY APPROACHES TO THE FINANCIAL MANAGEMENT OF LARGE-SCALE DISASTERS BY ALBERTO MONTI

Introduction

Chapter 1. Comparative Review

-1, Ex Ante versus Ex Post Policy Approaches: Alternatives or Complements?

-2. Coordination betweeen Public and Private Sectors

-3. Types of Public Sector Roles

-4. Financial Sector Role

-5. Temporary veruss Permanent Nature of the Scheme

-6. Perils Covered

-7. Losses Covered

-8. Mandatory versus Voluntary Nature of the Scheme

9. Risk-Based Pricing Versus Flat Pricing

Chapter 2. Survey of Country Approaches

-Australia

-Austria

-Belgium

-Canada

-Czech Republic

-Denmark

-Finland

-France

-Germany

-Hungary

-Iceland

-Italy

-Luxembourg

-Japan

-Mexico

-Netherlands

-New Zealand

-Norway

-Poland

-Slovak Republic

-Spain

-Switzerland

-Turkey

-United Kingdom

-United States of America

-The European Solidarity Fund

-Chinese Taipei

-India

-Indonesia

-Philippines

Conclusions

PART II. REDUCING THE IMAPCT OF NATURAL DISASTERS: THE INSURANCE AND MITIGATION CHALLENGE BY HOWARD C. KUNREUTHER AND ERWANN O. MICHEL-KERJAN

-Introduction

-Chapter 1. A New Era of Large-Scale Natural Disasters

-Chapter 2. The role ofCost-Benefit Analhssis in Evaluating Mitigation Measures for Natural Disasters

-Chapter 3. Risk Perception and Choice in Homeowners Adoption fo Mitigation Measures:The Need for Long-Term Contracts

-Conclusions

PART III. COPING WITH NON-CONVENTIONAL CRISES: STRATEGIC LEADERSHIP IN A CHAOTIC WORLD BY PATRICK LAGADEC AND XAVIER GUILHOU

-Introduction

-Chapter 1. the New World of Risks and Crises

-Chapter 2. Operational Responses: Between Knowledge and Invention

Document Type: Review article

Publication date: 2008-09-01

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