Our resiliency as a nation is once again tried after a series of natural catastrophes hit parts of the country as the fourth quarter of this year draws in. As natural disasters strike, even the wealthiest, best-prepared countries can experience large-scale damage and destruction, but the scenario is far worse in countries where there are little or no resources allocated to protect its people and economy.
According to London-based Institution of Mechanical Engineers, about 38 percent of disaster-related global economic losses occurred in the Asia-Pacific Region from 1980 to 2009. Countries in the same region are particularly susceptible to the effects of extreme natural events due to degradation of natural barriers brought about by the expansion of cities and urban areas.
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