World Bank discussion on private sector and tsunami recovery

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I received a mail from the World Bank, seeking my contribution to the discussion on ‘World Bank discussion on private sector and tsunami recovery’. I am copy/pasting the mail as is. Read it and please contribute. Also, forward this message to friends who might be interested in contributing. Communists please excuse. 😉

Dear Colleagues:
The World Bank would like to invite the authors and readers of the Tsunami Help India blog to participate in our current discussion on the private sector’s role in the recovery from the Indian Ocean tsunami and other natural disasters. We hope you will take a moment to join us and share your thoughts and experiences. Please feel free to share this invitation with friends and colleagues who might also be interested. We look forward to your participation! The full announcement is below.

The Private Sector’s Role in Disaster Recovery and Risk Mitigation

More than US$9 billion in public and private funds has been pledged to help countries devastated by last year’s Indian Ocean tsunami. As the relief effort now moves from immediate humanitarian assistance to long-term reconstruction and recovery, the private sector must play a key role in restoring growth and guarding against future risk. By increasing investment, the private sector can develop alternate safety nets and create a diverse and resilient economy better suited to weather future disasters. Governments and donors can help by increasing access to finance, promoting technology transfer, and reducing regulatory barriers to business. What lessons can be learned from other experiences with private sector involvement in natural disaster recovery efforts? What private sector activities will have the greatest impact on recovery and growth? What can governments and donors do to maximize the impact of private investment?

This online discussion is moderated by Margaret Arnold, senior program officer in the Urban Unit’s Hazard Management team at the World Bank, and Saroj K. Jha, senior infrastructure specialist with the Transport and Urban Development Department of the World Bank. The discussion, which will run through August 8, 2005, is supported by the following background readings:

Regional Economic Cooperation in Trade and Investment for the Rehabilitation of Tsunami-Affected Countries
Suthad Setboonsarng, Asia-Pacific Trade and Investment Review 1 (1): pp. 133-148, April, 2005

Global and Regional Mechanisms for Promoting Trade and Investment in Tsunami-Affected Countries
Marc Proksch, Asia-Pacific Trade and Investment Review 1 (1): pp. 113-132, April, 2005

The World Bank’s Tsunami Recovery Web site World Bank, 2005

Surviving Disaster and Supporting Recovery: A Guidebook for Microfinance Institutions
Eileen Miamidian et al., World Bank and United Nations Capital Development Fund, February 2005

World Economic Forum?s Disaster Resource Network World Economic Forum, 2005

Is there a Hot Topic Discussion that you would be interested in participating in or moderating? If so, contact us with your ideas:
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Rapid Response Unit
Office of the World Bank-IFC Vice President for Private Sector Development and Office of the Chief Economist, IFC
Tel: (202) 458-7777; Fax: (202) 522-3480
Email: rru[at]worldbank[dot]org

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