Asian Development Bank. - Development Asia—From Aceh to Tacloban: May 2014

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PUBLISHERS

NOTE

RACE AGAINST TIME

NATURAL DISASTERS ARE frequent and unwelcome visitors to Asia. Nowhere else does natures fury strike with such frightening regularity, wiping out families, destroying homes and livelihoods, and leaving broken communities in its wake.

Disasters like Typhoon Haiyan, which hit the Philippines last November, radiate lasting hardship. More than 5,000 lives were tragically lost and many more people left homeless. But jobs were also lost; businesses went bankrupt; schooling missed; and vast national economic resources diverted to the recovery effort. It can take years for communities and economies to rebuild.

Reducing this toll is one of our regions greatest challenges. Much has been done, since the 2004 Indian Ocean tsunami, to integrate disaster safeguards into national economic plans. Were privileged to have President Benigno Aquino III of the Philippines give his perspective on what else needs to happen to reduce risks in one of Asias most disaster-affected countries. ADB President Takehiko Nakao also provides exclusive insights into how the regions economic growth could suffer unless it acts collectively on disaster risk.

Disaster does not discriminate among its victims. Increasingly, Asias poor are in its path as they throng to the vulnerable margins of cities. Extreme weather linked to climate change adds another risk factor. In this issue of Development Asia, we show that Asia is in a race against time to deal with this threat. I hope you find our analysis illuminating and thought provoking.

PUBLISHER

Satinder Bindra

DIRECTOR,	UNIT HEAD,
EXTERNAL RELATIONS	PUBLISHING
Omana Nair	Matthew Howells

EDITORIAL ADVISORS

Charlotte Benson,
Ramesh Subramaniam, WooChong Um

EDITOR IN CHIEF

Andrew Perrin

SENIOR EDITOR

John Larkin

ASSOCIATE EDITOR

Jenina Alli

DESIGN

Cleone Baradas

PRODUCTION MANAGER

Miguel Paulino

COPY EDITORS

Leo Magno, Tuesday Soriano

Development Asia features development issues important to Asia and the Pacific. It is published twice a year by the Asian Development Bank (ADB). The views expressed in this magazine are those of the authors and do not reflect the views and policies of ADB. Use of the term country does not imply any judgment by the authors or ADB as to the legal or other status of any territorial entity.

Advertising of any specific product, process, service by trade name, trademark, manufacturer, or otherwise, in this publication does not constitute or imply ADBs endorsement, recommendation, or favoring of the product or the entity thereof.

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REPRINTS

Material published in Development Asia and on . Photographs not owned by ADB require permission from the copyright holder for reprinting.

Asian Development Bank

6 ADB Avenue, Mandaluyong City

1550 Metro Manila, Philippines

www.adb.org

Note: In this publication, $ refers to US dollars

2014 Asian Development Bank
ISSN 1998-7528

Inside

SPECIAL REPORT: From Aceh to Tacloban

What have we learned from a decade of disaster?

Taking Cover
Asia needs more protection against the financial cost of disaster

Cover Photos: Gerhard Joren (Tacloban; color); Veejay Villafranca (Tacloban; black and white); Getty Images (Aquino)

Aid Watch
A rising tide of disasters has spurred a sharper focus on how aid is used

Opinion: Takehiko Nakao
ADB President
says disaster
risk will check
Asias growth

Q&A

We cannot allow the cycle of destruction and reconstruction to continue by rebuilding communities in the exact same manner.

Philippines President Benigno Aquino III

AID WATCH

FEATURES

Bride Price
How girls in Bangladesh are studying harder and marrying later

Accounting for Nature
Putting a price on the natural environment

Missing Links
Why Asias
production chains
need more women

Black & White

Situation Report

WebLog

Review

Development Agenda

CONTRIBUTORS

SAAD HAMMADI is a Bangladeshi journalist based in Dhaka who covers social, economic, and political developments for international publications including The Guardian and The Christian Science Monitor. Saad takes a special interest in covering the countrys progress on development challenges. He is also an editor for the weekend supplement of leading national daily, New Age. On p.38, Saad writes about a cash transfer program to keep Bangladeshi girls in school.

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