Prelims

Gregory Coutaz (Chinese Culture University, Taiwan)

Coping with Disaster Risk Management in Northeast Asia: Economic and Financial Preparedness in China, Taiwan, Japan and South Korea

ISBN: 978-1-78743-094-5, eISBN: 978-1-78743-093-8

Publication date: 4 December 2018

pdf (3 MB) ePub (2.7 MB)

Citation

Coutaz, G. (2018), "Prelims", Coping with Disaster Risk Management in Northeast Asia: Economic and Financial Preparedness in China, Taiwan, Japan and South Korea, Emerald Publishing Limited, Leeds, pp. i-xi. https://doi.org/10.1108/978-1-78743-093-820181001

Publisher

:

Emerald Publishing Limited

Half Title Page

Coping with Disaster Risk Management in Northeast Asia

Title Page

Coping with Disaster Risk Management in Northeast Asia: Economic and Financial Preparedness in China, Taiwan, Japan and South Korea

By

Gregory Coutaz

Chinese Culture University, Taiwan

United Kingdom – North America – Japan India – Malaysia – China

Copyright Page

Emerald Publishing Limited

Howard House, Wagon Lane, Bingley BD16 1WA, UK

First edition 2018

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ISBN: 978-1-78743-094-5 (Print)

ISBN: 978-1-78743-093-8 (Online)

ISBN: 978-1-78754-507-6 (Epub)

List of Abbreviations			ix
Chapter 1	Introduction	1
	1.1 Addressing the Threat of Natural Disasters	2
	1.2 Disaster Risk Governance	4
	1.3 Hazard, Risk, and Disaster	6
	1.4 Tragedy or Opportunity	7
	1.5 About this Book	10
	References	13
Chapter 2	Financing Natural Disasters	17		2.1 Comprehensive Disaster Risk Management Strategy	18
	2.2 Pre-Disaster Budgetary Measures	21
	2.3 Insurance and Reinsurance	23
	2.4 Catastrophe (CAT) Bonds	24
	2.5 Making a Difference	26
	2.6 Conclusion	27
	References	28
Chapter 3	China: Disaster Preparedness, Response, and Recovery	31
	3.1 The Great Sichuan Earthquake	32
	3.2 Economic Development and Urbanization	34
	3.3 Climate Change and Agriculture Losses	35
	3.4 Compact Institutional System	37
	3.5 The Role of the PLA in Disaster Response	39
	3.6 Central Public Funding	41
	3.7 The Lack of Insurance Coverage	43
	3.8 Building Resilience in Shangha	i47
	3.9 Where is the Civil Society?	52
	3.10 Conclusion	54
	References	55
Chapter 4	Evolution of Disaster Risk Management in Taiwan	61
	4.1 Natural Disasters in Taiwan	62
	4.2 Disaster Risk Management before 1999	64
	4.3 The 921 Earthquake Revolution	65
	4.4 Taiwan Residential Earthquake Insurance Fund: Residential Earthquake Financial Protection	69
	4.5 The Formosa Re CAT Bond	72
	4.6 Deadly Morakot	73
	4.7 Public Budgets and Emergency Funds	75
	4.8 Importance of Charitable Donations	79
	4.9 Conclusion	81
	References	81
Chapter 5	Living with Natural Disasters in Japan	85
	5.1 Recognition of Japanese Expertise in Disaster Risk Management	86
	5.2 Public Awareness and Education	88
	5.3 Japan Earthquake Reinsurance Co. Ltd. and Cooperative Mutual Insurers	90
	5.4 Kobe Misery	95
	5.5 Triple Disaster of the Tohoku Earthquake and Tsunami	98
	5.6 Post-Disaster Reactions	101
	5.7 Cost of Protection	103
	5.8 Conclusion	106
	References	107
Chapter 6	South Korea: Vulnerability and Adaptation to Natural Disasters	111
	6.1 Risk Identification	112
	6.2 The Impacts of Past Disasters	114
	6.3 Modernization of the Legal System	115
	6.4 Institutional Framework	117
	6.5 Disaster Insurance Schemes	120
	6.6 Environmental Protection	123
	6.7 Political and Social Obstacles	126
	6.8 Conclusion	130
	References	131
Chapter 7	Need for Financial Preparedness	133
	7.1 Promoting Disaster Risk Awareness	134
	7.2 Public–Private Partnerships	136
	7.3 International Practices	138
	7.4 Regional Initiatives	141
	7.5 Conclusion	144
	References	145
Chapter 8	Conclusion	147
	8.1 Similarities and Differences Observed	150
	8.2 Limited Private Participation	154
	8.3 Indispensable Commitment	155
	References	158
Index			159

List of Abbreviations

AADMER	ASEAN Agreement on Disaster Management and Emergency Response
ADB	Asian Development Bank
ADRFI	ASEAN Disaster Risks Financing and Insurance Programme
ARC	African Risk Capacity
ARF	ASEAN Regional Forum
ARF DiREx	ASEAN Regional Forum Disaster Relief Exercise
ART	Alternative Risk Transfer
ASEAN	Association of Southeast Asian Nations
BAU	Business-As-Usual
CCFVI	Coastal City Flood Vulnerability Index
CCP	Chinese Communist Party
CCR	Caisse Centrale de Réassurance (France)
CCRIF	Caribbean Catastrophe Risk Insurance Facility
CDSCHQ	Central Disaster and Safety Countermeasures Headquarters (South Korea)
CEA	California Earthquake Authority
CIRC	China Insurance Regulatory Commission
CRED	Centre for Research on the Epidemiology of Disasters
CREIP	China Residential Earthquake Insurance Pool
DMZ	Korean Demilitarized Zone
DPP	Democratic Progressive Party (Taiwan)
DPRK	Democratic People’s Republic of Korea
DSCHQ	Disaster and Safety Countermeasures Headquarters (South Korea)
ECFA	Economic Cooperation Framework Agreement
ECLAC	Economic Commission for Latin America and the Caribbean (United Nations)
EEW	Earthquake Early Warning (Japan)
EEWS	Earthquake Early Warning System (Taiwan)
EM-DAT	Emergency Events Database
EQC	Earthquake Commission (New Zealand)
ESCAP	Economic and Social Commission for Asia and the Pacific (United Nations)
FAO	Food and Agriculture Organization (United Nations)
FARD	Frequency Analysis Rainfall Data (South Korea)
FEMA	Federal Emergency Management Agency (United States)
GDP	Gross Domestic Product
GHG	Greenhouse Gas
GIS	Geographic Information System
HA/DR	Humanitarian Assistance/Disaster Relief (activities)
IDNDR	International Decade for Natural Disaster Reduction (United Nations)
IFRC	International Federation of Red Cross/Red Crescent Societies
ILS	Insurance-Linked Securities
IMF	International Monetary Fund
INES	International Nuclear and Radiological Event Scale
IPCC	Intergovernmental Panel for Climate Change
JER	Japan Earthquake Reinsurance
JMA	Japan Meteorological Agency
JP¥	Japanese yen
KACCC	Korean Adaptation Center for Climate Change
KIRI	Korea Insurance Research Institute
KMT	Kuomintang (Taiwan)
KRW	South Korean Won
METI	Ministry of Economy, Trade and Industry (Japan)
MEXT	Ministry of Education, Culture, Sports, Science and Technology (Japan)
MOOTW	Military Operations Other Than War
MoU	Memorandum of Understanding
NCDR	National Committee for Disaster Reduction (China)
NCREE	National Center for Research on Earthquake Engineering (Taiwan)
NDMI	National Disaster Management Research Institute (South Korea)
NDRC	National Development and Reform Committee (China)
NEMA	National Emergency Management Agency (South Korea)
NGO	Non-Governmental Organization
NHK	Nippon Hoso Kyokai
NHMP	National Hazard Mitigation Program (Taiwan)
NHRA	Natural Hazards Risk Atlas
NT$	New Taiwan Dollar
NZ$	New Zealand Dollar
OECD	Organization for Economic Cooperation and Development
P&C	Property and Casualty
PCRAFI	Pacific Catastrophe Risk Assessment and Financing Initiative
PCRIC	Pacific Catastrophe Risk Insurance Company
PICC	People’s Insurance Company of China
PLA	People’s Liberation Army
PPP	Public–Private Partnership
PRC	People’s Republic of China
RCSC	Red Cross Society of China
RMB	Renminbi (China)
RMS	Risk Management Solutions
ROC	Republic of China
ROK	Republic of Korea
SDF	Self-Defence Forces (Japan)
SEADRIF	Southeast Asia Disaster Risk Insurance Facility
SPNDA	Standard Procedure for Natural Disaster Assistance (Taiwan)
SPV	Special-Purpose Vehicle
TAPEX	Taiwan Cooperative Precipitation Ensemble Forecast Experiment
TCIP	Turkish Catastrophe Insurance Pool
TDRS	Tsunami Disaster Response System (South Korea)
TELES	Taiwan Earthquake Loss Estimation System
TEPCO	Tokyo Electric Power Company
TREIF	Taiwan Residential Earthquake Insurance Fund
TRy	Turkish Lira
TTFRI	Taiwan Typhoon and Flood Research Institute
UNDHA	United Nations Department of Humanitarian Affairs
UNFCCC	United Nations Framework Convention on Climate Change
UNICEF	United Nations Children’s Fund
UNISDR	United Nations Office for Disaster Risk Reduction
USDA	United States Department of Agriculture
WEF	World Economic Forum

Book Chapters

Prelims

Chapter 1 Introduction

Chapter 2 Financing Natural Disasters

Chapter 3 China: Disaster Preparedness, Response, and Recovery

Chapter 4 Evolution of Disaster Risk Management in Taiwan

Chapter 5 Living with Natural Disasters in Japan

Chapter 6 South Korea: Vulnerability and Adaptation to Natural Disasters

Chapter 7 Need for Financial Preparedness

Chapter 8 Conclusion

Index