Decentralization and Earthquake: The Case of Chile
Abstract
This paper provides an analytical framework in which to analyze and optimize disaster management. The model being proposed is based on traditional economic arguments that justify State action in the context of a production function which delivers “security in face of catastrophes”. It examines the case of the Chilean earthquake of 27 February, 2010, emphasizing the implicit role of “technology” in managing potential effects and weaknesses at the prevention stage.
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