IDEAS home Printed from https://ideas.repec.org/p/phd/dpaper/dp_2015-20.html
   My bibliography  Save this paper

Building Philippine SMEs Resilience to Natural Disasters

Author

Listed:
  • Ballesteros, Marife M.
  • Domingo, Sonny N.

Abstract

Disasters are bad for business specifically for small and medium enterprises (SMEs). These catastrophic events can compromise capital, logistics, product market, and labor, which compromise business continuity and recovery. Physical damage and disruptions in supply and labor can cause temporary business closure while structural repairs to buildings and recovery or replacement of damaged equipment needed to restore operations require large amount of resources. The adverse impact may not only be short term but can have medium- to long-term effects. Unfortunately, the disaster risk reduction and management (DRRM) framework of the government has not been effectively translated into local and sectoral (or business) plans. Philippine SMEs thus are highly vulnerable, have weak adaptability and limited access to a broader set of coping strategies. This paper recommends strategic policies to embed DRRM into the business sector and the role of APEC in promoting SME resilience in the region.

Suggested Citation

  • Ballesteros, Marife M. & Domingo, Sonny N., 2015. "Building Philippine SMEs Resilience to Natural Disasters," Discussion Papers DP 2015-20, Philippine Institute for Development Studies.
  • Handle: RePEc:phd:dpaper:dp_2015-20
    as

    Download full text from publisher

    File URL: http://serp-p.pids.gov.ph/serp-p/download.php?d=5493&s=3
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Antonis Skouloudis & Thomas Tsalis & Ioannis Nikolaou & Konstantinos Evangelinos & Walter Leal Filho, 2020. "Small & Medium-Sized Enterprises, Organizational Resilience Capacity and Flash Floods: Insights from a Literature Review," Sustainability, MDPI, Open Access Journal, vol. 12(18), pages 1-17, September.
    2. Llanto, Gilberto M., 2016. "Risks, Shocks, Building Resilience: Philippines," Research Paper Series DP 2016-09, Philippine Institute for Development Studies.
    3. Israel, Danilo C. & Bunao, David Feliks M., 2016. "Research on Urban Resilience to Natural Disasters of Households, Firms, and Communities in the Philippines," Discussion Papers DP 2016-41, Philippine Institute for Development Studies.
    4. Jha, Shikha & Quising, Pilipinas & Ardaniel, Zemma & Martinez, Jr., Arturo & Wang, Limin, 2018. "Natural Disasters, Public Spending, and Creative Destruction: A Case Study of the Philippines," ADBI Working Papers 817, Asian Development Bank Institute.
    5. Llanto, Gilberto M., 2016. "Risks, Shocks, Building Resilience: Philippines," Discussion Papers DP 2016-09, Philippine Institute for Development Studies.

    More about this item

    Keywords

    Philippines; business; disasters; resilience; micro; small; and medium enterprises (MSMEs);
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:phd:dpaper:dp_2015-20. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/pidgvph.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aniceto Orbeta (email available below). General contact details of provider: https://edirc.repec.org/data/pidgvph.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.