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National Water-Related Disaster Resilience Index Relative to Per Capita Gross Domestic Product

FIGURE 16 National Water-Related Disaster Resilience Index Relative to Per Capita Gross Domestic Product 3.00 1.50 0.00 $100,00 $1,000.00 $10,000.00 $100,000.00 per capita gross domestic product ($) Source: World Bank. Worldwide Governance Indicators. http://info.worldbank.orgigovernancelwgilindex.asp201. Resilience Index

National Water-Related Disaster Resilience Index Relative to Per Capita Gross Domestic Product

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Resilience Index/ per capita gross domestic product ($) AWDO findings suggest that socioeconomic development increases the resilience of communities and the population (Figure 16). However, as illust... rated by the recent natural disasters in the region, such as the 2004 Indian Ocean Tsunami, Cyclone Nargis in 2008, extensive flooding in Pakistan in 2010 and again in 2011, the 2011 Great East Japan Earthquake and tsunami, and flooding in Thailand in 2011, the region is vulnerable to major hazard events. These events are of such a scale that they may overwhelm even well-prepared countries, making it impossible to avoid loss of life, significant destruction, and substantial economic losses. These events have also illustrated the economic hazards associated with geographic concentration of specialized production systems and the exposure of international supply chains to disruption by natural events in another country. The results for the developed economies show that economic advances do increase resilience to water-related hazards. Asia and the Pacific subregions are prone to water-related disasters, but the vulnerability of each country to these hazards is strongly correlated with the country’s socioeconomic development. The group of advanced economies has the highest probability of experiencing a water-related hazard event, but because of their relatively low population growth, well-planned and -managed settlements, higher economic status, and high-quality infrastructure, they are more resilient and better able to mitigate losses, minimize damage, and/or recover from events faster (Figure 16).