A New Assessment to Measure the Risk Levels Between Natural Disasters and Socio-Economic-Political Disasters

26 Pages Posted: 17 Jun 2019

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

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

Donghyun Park

Asian Development Bank - Economic Research

Peter Moug

University of Nottingham - School of Politics, History, and International Relations

Date Written: June 7, 2019

Abstract

In this paper, we attempt to analyse and compare the magnitudes of destruction caused by natural disasters versus socio-economic-political disasters around the world. To do so, we deploy a multi-disciplinary approach that encompasses history, politics, sociology, and economics (Ruiz Estrada, 2011 and 2017). In the methodological discussion, we propose using quantitative and qualitative methods simultaneously to systematically evaluate different type of disasters. In this context, we propose a new analytical tool: “The General Disasters Final Impact Simulator” (GDFI-Simulator). Finally, we apply the GDFI-Simulator to Africa, America, Asia, Europe and Oceania in the 19th and 20th centuries.

Keywords: Natural disasters, socio-economic-political disasters, Econographicology

JEL Classification: B41

Suggested Citation

Ruiz Estrada, Mario Arturo and Park, Donghyun and Moug, Peter, A New Assessment to Measure the Risk Levels Between Natural Disasters and Socio-Economic-Political Disasters (June 7, 2019). Available at SSRN: https://ssrn.com/abstract=3400582 or http://dx.doi.org/10.2139/ssrn.3400582

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/

Donghyun Park

Asian Development Bank - Economic Research ( email )

6 ADB Avenue, Mandaluyong City 1550
Metro Manila
Philippines

Peter Moug

University of Nottingham - School of Politics, History, and International Relations ( email )

Malaysia

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