The floods in Thailand in 2011 outlined the need to build resilient societies to disasters and the critical importance of realizing human security as a basis of resilient nations. The flooding had a devastating effect on the private sector causing major supply chain disruption globally. The Great East Japan Earthquake and Tsunami of 2011 is a reminder that disasters can severely affect both developed and developing countries. Such damages and losses are an impediment to economic growth, sustainable development and poverty reduction. The Christchurch earthquake and the ongoing rebuilding program are reminiscent of the burden on economy caused by temporary or permanent relocation of business activities.
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