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Joint Natural Disasters Risk Financing In Romania – An Economic Stability Factor

Author

Listed:
  • Gabriel Arthur Zelinschi

    (Bucharest Academy of Economic Studies)

Abstract

Protection against the effects of natural disasters requires the existence of substantial financial funds at the government disposal. Under the conditions of the current world economic crisis, existing resources are totally inadequate. A viable solution for overcoming this difficulty is to use a mix of additional disaster risk financing sources, their proper management being an economic stability factor. In support of these affirmations, an analysis is made regarding the adequacy and availability in time of the financial resources that can be mobilized at any given moment.

Suggested Citation

  • Gabriel Arthur Zelinschi, 2009. "Joint Natural Disasters Risk Financing In Romania – An Economic Stability Factor," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 12(12(541)(s), pages 454-462, December.
    • Handle: RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:454-462
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