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This study finds that a major flood of the Seine River and its tributaries could affect up to 5 million residents and cause up to 30 billion euros in direct damage. Growth, employment and public finances could also be affected.
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The draft principles are designed to assist governments, policy makers and senior officials charged with developing and maintaining societal and economic resilience for major shock events and the implementation of robust risk management frameworks. Now open for public consultation.
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OECD tackles illicit trade through the sharing of data and information on the trafficking of tobacco, alcohol, narcotics, medicines and people.
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Risk management analyses the latest public policies, tools and practices of governments to address major risks. Through the sharing of country experiences, analyses are developed to draw-out criteria for the effective governance of large scale hazards and threats.
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Recent global shocks, such as the 2008 financial crisis, have driven policy makers and industry strategists to re-examine how to prepare for and respond to events that can begin locally and propagate around the world with devastating effects on society and the economy. The report looks at examples of hazards and threats that emerge from the financial world, cyberspace, biological systems and even the solar system, to reflect on what strategic capacities are called for to improve assessment, mapping, modelling, response and resilience to such large scale risks. |
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World economy highly exposed to natural and man-made disasters
Jack Radisch, Risk Policy Analyst, OECD |
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