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Reservefonds gegen Naturkatastrophen auf nationaler und europäischer Ebene

Listed author(s):
  • Stefan Hochrainer
Registered author(s):

    Catastrophe reserve funds are used to cover the potential costs of a disaster by capital accumulation. Based on examples in Europe, especially the national disaster fund in Austria and the European Solidarity Fund, the advantages and disadvantages of such a risk management instrument are shown and possible solutions are proposed. The main criticism is the non-risk based approach of these instruments. Methodologies how one can incorporate direct as well as indirect losses within a probability based approach are presented. Katastrophenfonds funktionieren nach dem Prinzip der Kapitalakkumulation. Sie werden teilweise auf nationaler und europäischer Ebene eingesetzt, um sich gegen die finanziellen Schäden, verursacht durch extreme Naturereignisse, zu schützen. Basierend auf Beispielen in Europa, wie dem österreichischen Katastrophenfonds sowie dem europäischen Solidaritätsfonds, werden die Vor- und Nachteile von Reservefonds aufgezeigt und mögliche Lösungsvorschläge für gegenwärtige Probleme präsentiert. Vor allem die nichtrisikobasierte Anwendung wird als Problem betrachtet. Es werden Methoden vorgestellt, wie ein wahrscheinlichkeitstheoretischer Ansatz aussehen könnte, um sowohl direkte als auch indirekte Schäden bei der Analyse mit einzubeziehen und daraus Strategien zu entwickeln, die sich langfristig als nachhaltig erweisen.

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    Article provided by DIW Berlin, German Institute for Economic Research in its journal Vierteljahrshefte zur Wirtschaftsforschung.

    Volume (Year): 77 (2008)
    Issue (Month): 4 ()
    Pages: 69-79

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    Handle: RePEc:diw:diwvjh:77-4-5
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    1. Charlotte Benson & Edward J. Clay, 2004. "Understanding the Economic and Financial Impacts of Natural Disasters," World Bank Publications, The World Bank, number 15025, January.
    2. Arrow, Kenneth J & Lind, Robert C, 1970. "Uncertainty and the Evaluation of Public Investment Decisions," American Economic Review, American Economic Association, vol. 60(3), pages 364-378, June.
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