Disasters and its Impact on the Economy

6.1). However, longer-term impacts disregard be seen in the potential that a possibility has to damage major home requiring significant rebuilding. An example would be the revolutionary Orleans levees that skint during Hurricane Katrina. Because of the concentration of chemical industry legal action and infrastructure and the escape valve of toxic substances into Lake Pontchartrain, estimates are that the marine population of the lake could be at risk for concentration of toxins even though humans competency not be at risk. The problem is that this has long-term implications for tourism and recreation and indeed unknown consequences for human safety (AP, 2005).

The New Orleans experience with Katrina points up economic consequences of disasters that can be both short term and long term. The energy-rich industrial activity of the New Orleans area is well known, particular oil-refinery activity. Katrina off-and-on(a) refinery takings of gasoline, and there is ample documentation that the retail equipment casualty of gasoline spiked by about one-third all over the course of September 2005, to more than $3 per gallon in some markets (Isidore, 2005). While that price abated over time, the short-term gain on supply and price was evident. Further, petroleum is the fuel for heating plant oil and other products, and the respite in steady production has been predicted for consumers of these products as well. Longer-term impacts, however, can be seen in the p

Inadequate communications between disaster responders can make all the difference between success or chaos in handling a disaster.

This is partly because incompatible agencies may use different codes to describe the same situation, and drop of language standardization in an incident can provide to miscommunication (Auf der Heide, 2000, p. 5.6). Insufficient information resources may foster problems in disaster response. Auf der Heide gives examples of computer forecasting programs for disaster spread, weather technologies, air reconnaissance capability, and a variety of computer databases showing everything from access routes to bad storage facilities (p. 5.12).

rospect of the necessity to refurbish oil-industry infrastructure, not only at the refinery level but also at the source. That is because of damage to or shutdown of oil-drilling platforms located in the Gulf of Mexico offshore of lanthanum because of Katrina (AP, 2005a). There is also the question of jobs--lost not only because of interruption of business activity but also because thousands of persons moved aside from New Orleans having been made homeless.

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