Mutter: Wealth is Answer to Disaster Vulnerability

    No nation, whether rich or poor, can escape disasters. But wealth determines how quickly a country can rebound from an environmental catastrophe, an expert suggests.

    “The great difference is that our wealth will allow us to shake off the Deepwater Horizon disaster (the oil spill in the Gulf of Mexico),” John Mutter, a professor at Columbia University, writes in the blog, “OECD Insights.” “Haiti will not shake off its disaster – it is set to deepen Haiti’s trauma.”

    Wealth, Mutter argues, is the “way out of disaster vulnerability.”

    In rebuilding quake-hit Haiti, Mutter suggests fostering economic prosperity in the Caribbean nation. 

    “We absolutely must stop talking about recovery. Recover to what? We must set goals well beyond return to pre-disaster conditions or next time, whether next year or in decades to come another quarter million Haitians will die,” Mutter concludes.

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.