pakistan floods 2010 economic impacts

Total economic damages from the disaster were estimated at more than S$57.5 billion . Date: July - August 2010 Torrential rains during the monsoon season in 2010 put a fifth of Pakistan under water including the Khyber Pakhtunkhwa (KP), Sindh, Punjab and Balochistan regions. Close to 2,000 lives were lost and 21 million others affected by the worst floods to date in the country's history. The 2010 Pakistan floods directly affected 14-20 million people and killed around 1,700 persons. The study includes four districts of North . The devastation has hit virtually all sectors of the economy. She and her family of six brothers and three sisters now live in a tent camp. The Indus drainage basin covers an area of about 1,140,000 km2 stretching from Afghanistan through China, India, and Pakistan. UNDP, through an established partnership network, was positioned to capitalize on the vast body of knowledge Impact of Floods on Women: With Special Reference to Flooding Experience of 2010 Flood in Pakistan. The study includes four districts of North . One-third of the country was affected by the floods. Currency Unit = Pakistan Rupee US$1 = PKR 85 Pakistan Floods 2010 8 CURRENCYAND EQUIVALENTS ABBREVIATIONS AND ACRONYMS ADB Asian Development Bank AJK Azad Jammu and Kashmir BBB Building Back . The worst river flooding since the 1920s continued through the summer, affecting 17 million people across the country. Hydro meteorological, impacts and Management of Extreme floods. August 2010. This bibliography was generated on Cite This For Me on Monday, January 19, 2015 Heavy rainfall, flash floods and riverine floods have devastated large parts of Pakistan since the arrival of seasonal monsoon rains on 22 July. The rural economy takes a huge hit from frequent floods that can be better managed, says Ibrar ul Hassan Akhtar, writing for SciDev.Net. The catastrophic flooding in Pakistan in 2010 laid bare the multiplicity of fault lines that beleaguer the country as perhaps no other single event in its history. To date, the Fund has raised over $600,000. Millions lost homes and possessions. The incidence and impact of floods in Pakistan in terms of natural assets, infrastructure, and topography and terrain, are well documented. Three of Pakistan's four provinces are affected by the floods, which is notable in a country where 22% of the economy is dependent on agriculture and two-thirds of the 180 million people are in. (Paper presented at a workshop on long term social and economic impacts of extreme floods at the University of Colorado in November, 1995). What are the economic impacts of humanitarian aid? 1. The thesis reviews the available literature on measuring the direct and indirect impacts of natural disasters, both in the short run and in the long run. Based on this review, an attempt is made to quantify the economic impact of the recent floods in Pakistan. Colorado springs, USA. The humanitarian crisis created by the 2010 floods in Pakistan demanded extraordinary responses, which had both immediate and enduring impacts. Pakistan's government has compared the impact of the country's devastating floods to the country's partition from India as it revealed more than 20 million people had . tively blunts a disaster's economic impacts, then political engagement should increase as citizens learn about government capacity. Damage to crops - $500million. The severe floods starting from 2010 to 2014 and droughts ranging from 1999 to 2003 are among the few examples related to climate events of Pakistan. It was the most severe flood disaster in Pakistan's history. Entire villages were destroyed, Pakistan: Indus Basin Floods; Mechanisms, Impacts, and Management (#445) The Indus River is a major transboundary river in Asia with nine tributaries. They took 1,985 lives and inundated 17, 553 villages over 160,000-square kilometre area, affecting 21 million people. I will argue that the 2010 Pakistan floods were based largely on problematic human structures that made it difficult for the vulnerable population to …show more content… 99). The 2010 Pakistan floods directly affected an estimated 14-20 million people, and killed over 1,700. Geography powerpoint july pakistan floods 1. 3 . During 2011 and 2012, floods . tively blunts a disaster's economic impacts, then political engagement should increase as citizens learn about government capacity. 16 November, 2015 by SciDev.Net in Asia. During 2010 flood season, flows in Indus and Kabul were very high and as can be seen in Figure 2 the snow cover in Kabul River basin was minimum in May and June in 2010. These floods have killed a total of 8,887 people, damaged or destroyed 109,822 villages, and caused economic losses amounting to $19 billion. INTRODUCTION Inundations due to floods have the potential to cause fatalities, displacement of people, and damage to the environment and thus severely compromise economic development. Pakistan's agriculture heartland has been devastated by the floods He says the government can raise another $800m or more through the flood-relief surcharge which it plans to levy on income and. The research is based on telephonic interviews, literature reviews. In summary, this paper looks at how the floods impacted markets in Sindh province, the subsequent impact on people's resilience and extent to which aid efforts supported recovery. 4 The flooding lasted almost six months in some areas and caused $9.7 billion in damage 5 in forty-six of the country's 135 districts. increased flood risks, which are further exacerbated by inadequate flood planning and management. economic and political impacts of the disastrous floods in July 2010 to 2011. An estimated 23% of the year's harvest was washed away, including a quarter of the cotton crop, which matters to the economy. Together they form a unique fingerprint. flooding in Pakistan, which started in late July 2010, reportedly affected over 20 million people. Pakistanis in highly ood-a ected areas became signi cantly more politically engaged than those less exposed. The economic cost of the floods was estimated at $13 billion (2010 dollars). According to Pakistani government data, the floods directly affected about 20 million people, mostly by destruction of property, livelihood and infrastructure. Temporary decline in Tourism - hotels, attractions could be destroyed. FLOOD 2010 IMPACT ASSESSMENT ON ECONOMY OF PAKISTAN: HICKSIAN COMPENSATING VARIATION | The project is a PhD thesis being conducted by my PhD student. Background: The 2010 floods inundated one-fifth of Pakistan and affected more than 20 million people. 27 August 2010 A month of flooding across Pakistan has left millions of people homeless and devastated thousands of square kilometres of land. While the south battles new . Using diverse data we show that the massive 2010-11 Pakistan oods had exactly this e ect. The flood cost 5.3 million jobs. The floods in 2010 were the second deadliest. Pakistan floods unleash desperate economic crisis Ali Ismail 26 August 2010 The catastrophic floods spreading across Pakistan have dashed any hopes of an economic recovery in the poverty-stricken. Ahmed says the meeting will be an opportunity to evaluate the economic impact of the floods, assess what Pakistan's government is doing to respond to it and "discuss ways in which the IMF can . The flooding of Pakistan's Indus River that began in July 2010 created one of the greatest humanitarian emergencies in history, affecting more than 18 million people, killing over 1700 and destroying or damaging at least 1.7 million homes.1 Accordingly, the response to the floods was massive, with the Pakistan Government, UN agencies, foreign governments and international and . Damage to infrastructure alone (roads, power plants, telecommunications, dams and irrigation systems, and schools and health clinics) amounts to around $10 billion. Key words: Floods, economy, Pakistan, inflation. 1. The history of disasters in South Asia reveals what is at stake in the face of climate change. The assessment will provide strategic guidelines to inform the reconstrcution and rehabilitation planning in key sectors of the economy by . The Pakistan government estimates total economic damage to be near $15 billion, or about 10 percent of GDP. According to United Nation Organization it estimates that the recent flood will increase Pakistan's fiscal deficit expenditures by $4 billion in fiscal year 2010/11. Close to 2,000 lives were lost and 21 million others affected by the worst floods to date in the country's history. Flood in Pakistan 2010 - part 1. Flood in PAKISTAN -2010 Floods have ravaged mountainous regions in the north-west Pakistan, destroying entire villages, reached the heart of the country. The waters have also killed more than 200,000 head of . Over the course of July and early August 2010, Pakistan experienced the worst monsoon-related floods in living memory. Pakistan, during the 2010 flood disaster had negative impacts on small and medium-sized traders . Damage to buildings - $4billion. The 2010 "super flood" alone affected 20 million people, and caused direct . The River is about 2,800km long, with 2,682 km in Pakistan. At the worst point, approximately 20% of Pakistan's total area was underwater, an area bigger than England. Assessments of losses and damages are . Some 1,800 are dead and about 3,000 are injured, but the major impact is in property damage and, looking ahead, disruption of millions of people's livelihood. Nearly 1.1 million homes were damaged or destroyed, and at least 436 health care facilities were destroyed. Results: Need for food aid was nearly ubiquitous (98.9%); however, only half of the study population ever received food aid. Not only did the flooding threaten the life and livelihoods of well over 20 million citizens, it exposed once again the gravity and complexity of unsolved governance issues in this 60-year-old nation, issues that are inextricably . Rivers, coming from the banks, have already caused the death of 1500 people, while another 100,000 were victims spread the infection. . Introduction. The objective of this paper is to economical analyze flood damage in various regions of the world. Gulnaz is 11 years old and had her home washed away when flash floods swept down Pakistan's Swat Valley in August. Statistics from the immediate aftermath of the 2010 floods are clear, yet less is known about the longer-term effects on population dynamics, living patterns, economic status, and health outcomes. 38 pages. It is expected that climate change will have an adverse effect on the economy of Pakistan, as extreme weather events are already occurring, such as changes in rainfall patterns, droughts, and . What is the impact on the local economy? Pakistan Flood Disaster Relief, 2010 Share Secretary Clinton announced on August 18, the establishment of the Pakistan Relief Fund for all to join in the tremendous relief, recovery and reconstruction effort following the devastating floods. The floods have submerged about 17 million acres of Pakistan's most fertile croplands, in a nation where farming is an economic mainstay. Steven Smith 2. Objective: To characterize the impact of the floods and subsequent humanitarian response on household economy and food security. (Read more about the economic impact of the floods and the aid Pakistan is receiving in my colleague Omar Waraich's report from Shikarpur.) A preliminary evaluation reported submitted to the Pakistan's ministry of finance has estimated that there will be zero percent GDP growth and 25% inflation this year. 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