Race Against Time
Natural disasters are frequent and unwelcome visitors to Asia. Nowhere else does nature's 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 region's greatest challenges.
Asian Development Bank
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Development Asia features development issues important to the Asia and Pacific region. It is published twice a year by the Asian Development Bank. The views expressed in this magazine are those of the authors and do not reflect the views and policies of the Asian Development Bank. Use of the term "country" does not imply any judgment by the authors or the Asian Development Bank as to the legal or other status of any territorial entity.
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