How Vulnerable Is Your country to Suffer a Natural Disaster or Socio-Economic-Political Disaster?

Posted: 8 Jan 2019

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Date Written: December 24, 2018

Abstract

This paper evaluates the levels of risk of suffering a natural disaster or socio-economic-political disaster worldwide. This research considers evaluating 234 countries distributed in five continents are Africa, America, Asia, Europe, and Oceania. The main objective of this research paper is to generate a large list of countries to evaluate its vulnerability levels between natural disasters and socio-economic-political disasters respectively. The same research paper proposes five new indicators follow by: (i) the natural disasters vulnerability rate; (ii) the socio-economic-political disasters vulnerability rate; (iii) the total disasters vulnerability rate; (iv) the total safety rate from disasters; (v) the level of risk. Finally, the calculation of all these indicators is based on the account of different historical events from natural disasters and socio-economic-political disasters applied country by country at the last past 100 years. At the same time, we try to monitor the cyclical disasters events consistency using a large number of growth rates to compare its behavior annually.

Keywords: natural disasters, socio-economic-political disasters, risk, economic modeling, policy modeling

JEL Classification: Y20

Suggested Citation

Ruiz Estrada, Mario Arturo, How Vulnerable Is Your country to Suffer a Natural Disaster or Socio-Economic-Political Disaster? (December 24, 2018). Available at SSRN: https://ssrn.com/abstract=3306041

Mario Arturo Ruiz Estrada (Contact Author)

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

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