Wednesday, August 15, 2012

Natural hazards: Asia growth economies at financial risk



Published on Aug 15, 2012 by
Some of Asia's most important growth economies have the highest financial risk from the threat of natural hazards -- that's according to risk analysis firm Maplecroft's latest report - Natural Hazards Risk Atlas.
Just one week after the flooding of Manila, Philippines, the group has revealed that the resulting impacts of natural disasters -- such as hurricanes, earthquakes and cyclones - in the Asian growth economies of Bangladesh, the Philippines, Myanmar, India and Vietnam would not only include disruptions to their domestic economies, but also to the operations and supply chains of many of the world's largest corporations who invest in these locations because of their significant growth opportunities.
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