FINANCIAL RISK ASSESSMENT AND QUICK RECOVERY STRATEGY DURING MAJOR DISASTERS IN PAKISTAN (A STUDY OF QUALITATIVE AND QUANTITATIVE ANALYSIS)

  • Waqas Ahmed
  • Dr. Sohaib-Uz- Zaman
Keywords: Flood, Earthquake, Cyclone, Financial Risk Assessment, Quick Recovery

Abstract

Pakistan is one of the most shamble inclined nations in South Asia, with harm and misfortune assessed at $ 18 billion over the previous decade (World Bank 2017), however no investigations have been led to decide the harm, cost and recuperation examination of areas influenced by serious debacles (tremor 2005, tropical storm 2007, floods 2010). This review fills this hole by including a presentation that characterizes the debacle by giving an outline of each serious calamity as well as economic crisis. Its approach focuses on the economic impact of disaster outcomes as well as government and institutional frameworks for the implementation of reconstruction and recovery programs in each affected area, and statistical interventions (correlation, regression) will be used to analyze the relationship between the cost of immediate damage as well as the cost of repairing a partially damaged or completely damaged part of the property as part of a pecuniary danger evaluation. The essential result will decide if a catastrophe the board strategy or recuperation measure has been effective in diminishing danger in the influenced regions.

Author Biographies

Waqas Ahmed

Waqas Ahmed is student of MBA (Finance), Karachi University Business School (KUBS).

Dr. Sohaib-Uz- Zaman

Dr. Sohaib-Uz-Zaman is Assistant Professor, Karachi University Business School (KUBS).

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Published
2021-12-15
How to Cite
Ahmed, W., & Zaman, D. (2021). FINANCIAL RISK ASSESSMENT AND QUICK RECOVERY STRATEGY DURING MAJOR DISASTERS IN PAKISTAN (A STUDY OF QUALITATIVE AND QUANTITATIVE ANALYSIS). Journal of Business Strategies, 15(2), 1-20. Retrieved from http://greenwichjournals.com/index.php/businessstudies/article/view/609