Prelims

Gregory Coutaz (Chinese Culture University, Taiwan)

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

Copyright © 2018 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

Copyright © Emerald Publishing Limited, 2018

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British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

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

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

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

Contents

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