Record Details

THE IMPACT OF EXTREME RISK EVENTS ON THE ECONOMY

Ecoforum Journal

View Archive Info
 
 
Field Value
 
Title THE IMPACT OF EXTREME RISK EVENTS ON THE ECONOMY
 
Creator GĂITAN, Ionela-Daniela; ”Stefan cel Mare” University of Suceava
 
Subject extreme risk events, impact, methods, natural disaster
C1, F5, O1
 
Description In this paper I wanted to highlight the impact of extreme risk events on the economy. The issue that I will approach in this paper is one of great importance, taking into account that extreme risk events that occur are  different  and are becoming more frequent  and harder to  control.  The quickly  development  of  these eventsrequires the implementation of a suitable risk management system. The complexity of this issue involves different approaches that can be interrelated in: computer science, mathematics, risk management, crisis management, andmodeling and simulation of extreme risk events. Natural disasters are rare events, but when they occur are causing a huge damage and an adequate management is necessary to return to a state of normality in a short time. To achieve our goal, in the first part of the paper, we presented the problems that an extreme risk event causes in a country when they occur. In the last part of the paper I presented analytical, statistical and econometric methods used in analysis of the impact on the economy of extreme risk events. Natural  disasters,  which  are  extreme  risk  events,  rarely  produce,  but  when  they  occur  causing  hugedamage and an adequate management is necessary to return to a state of normality in a short time.
 
Publisher Association of Educational and Cultural Cooperation Suceava from Stefan cel Mare Universit
 
Contributor This work was supported by the project “Interdisciplinary excellence in scientific doctoral research in Romania - EXCELLENTIA” co-funded from the European Social Fund through the Development of Human Resources Operational Programme 2007-2013, contract no.
 
Date 2016-02-01
 
Format application/pdf
 
Identifier http://www.ecoforumjournal.ro/index.php/eco/article/view/335
 
Source Ecoforum Journal; Vol 5, No 1 (2016)
 
Language en
 
Rights An copyright form will have to accompany your submission (the signed copyright form has to be scanned). You can get the .PDF form version on-line (see the link bellow). Authors are responsible for obtaining any security clearances. All authors have to sign the copyright transfer form. There are some restrictions regarding the length of the copyright file, so please read carefully the instruction provided there.