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Update on the World Bank Response to the Tsunami Disaster

By The World Bank

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Book Id: WPLBN0000193117
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2005
Full Text

Title: Update on the World Bank Response to the Tsunami Disaster  
Author: The World Bank
Volume:
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Historic
Publication Date:
Publisher: The World Bank

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Bank, T. W. (n.d.). Update on the World Bank Response to the Tsunami Disaster. Retrieved from http://members.worldlibrary.net/


Description
Economics

Excerpt
Results from the Bank?s Initial Response. Within the critical first 18 weeks following the disaster, the Bank successfully helped put in place a range of instruments?financing and technical assistance?in each of the affected countries to support rehabilitation and reconstruction of infrastructure and restoration of communities and livelihoods of tsunami disaster survivors. The Bank has reached out to other donors in a range of aid coordination efforts at the country level, and has actively cooperated with global coordination initiatives led by the Asian Development Bank (AsDB) and the United Nations (UN). There is widespread recognition that while reconstruction and rehabilitation are expected to last up to four years, the next twelve months, when expectations from communities ravaged by the calamity run the danger of exceeding the pace at which critical recovery activities can be launched, will be as challenging as the immediate aftermath of the disaster. With that in mind, the Bank has in place in all countries a flexible set of instruments to allow it to support national recovery efforts.

 

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