Crisis Management and Natural Disasters in the Czech Republic.

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Authors

MATĚJOVÁ Lenka VACEKOVÁ Gabriela

Year of publication 2013
Type Article in Proceedings
Conference Advanced Social Science Letters.
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Economy
Keywords Natural disasters; flood; crisis management; Czech Republic; municipality
Description Floods are natural events with extensive impact on property and life of affected people. They significantly came in 1997 into the life of Czech society and since then has caused damage almost 172 billion CZK. Development of an appropriate system of protection against floods and financial instruments to finance their consequences can significantly reduce their short-term but also long-term negative impact. The article focuses on crisis management and current options how to finance flood damage and the subsequent recovery of the damaged areas in the Czech Republic, especially at the municipal level. It provides a critical overview of the current possible solutions to natural disaster and discusses the future solutions.
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