Title: Long term recovery from mega-disasters: regional and business recovery periods, differential vulnerability, and business continuity
Authors: Anuradha Venkateswaran; Katrina Simon-Agolory; Kera Z. Watkins
Addresses: Professional Studies Division, Wilberforce University, P.O. Box 1001, 1055 N. Bickett Rd., Wilberforce, OH 45384, USA ' Transformational Communities, 2897 N. Druid Hills Rd. NE, Suite 322, Atlanta, GA, USA ' Department of Computer Science and Engineering, Wright State University, 3640 Colonel Glenn Hwy., Dayton, OH 45435, USA
Abstract: Understanding the underlying variables that contribute to the economic impact of large scale disasters is crucial to mitigating the effects on regions and businesses. However, depending on the approach used - secondary research on regions, using macroeconomic variables, vs. primary, survey-based business research - contradictions exist on the extent and nature of the recovery, and on the contributing variables. Further research is needed on characterisation of long-term recovery of regions and businesses in the wake of catastrophic disasters, to better pinpoint relevant factors and to inform the planning, response and mitigation efforts of communities and businesses in disaster-prone regions. This empirical work reviews and incrementally advances the literature in this area, by examining disaster recovery periods using a conceptual framework, broad-based economic indicators, and results from select case studies. Factors influencing business continuity and economic recovery of businesses are highlighted, and some best practices are discussed.
Keywords: business recovery; regional recovery; disaster recovery periods; economic impact; vulnerability; business continuity; long term recovery; mega-disasters; large scale disasters; catastrophic disasters; emergency planning; emergency response; disaster response; mitigation; economic recovery.
International Journal of Risk Assessment and Management, 2014 Vol.17 No.4, pp.332 - 360
Available online: 16 Jun 2014 *Full-text access for editors Access for subscribers Purchase this article Comment on this article