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N. Radu

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Author: N. RaduSubject: SOCIAL SCIENCES: Section Economics and Financeclear all
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6th SWS International Scientific Conference on Social Sciences ISCSS 2019
Publication

COMPARATIVE ANALYSIS OF DIFFERENT FINANCIAL PROTECTION SCHEMES AGAINST NATURAL DISASTERS

(STEF92 Technology, 2019, L. E. Naghi, R. Mihai, N. Radu)

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In the last 40 years, damage to natural disasters has registered a 14-fold increase. Since 1990, losses from natural disasters have exceeded 700 billion USD, and 70% of global economic losses are still uninsured. The existence of such large deficits proves that market mechanisms have not been very effective, and if this trend continues, it is estimated that around 2065 the world will spend all the economic growth accumulated with the response to these disasters. Financial resilience, especially in the case of deve...

SOCIAL SCIENCES: Section Economics and Finance2019
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