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Quantitative Vulnerability Assessment for Economic Systems

Vulnerability and the Process of Recovery for Households and Companies in Phang-Nga and Phuket Provinces in Thailand

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Philipp Willroth

In 2004 tsunami waves caused huge economic losses along the coastline of Southern Thailand. These resulted from direct damages and the following economic downturn. This study investigates the factors that led to this vulnerable situation. One of the greatest challenges in vulnerability research is the quantification. To answer this question, a wide database has been used, encompassing highly accurate remote sensing data, quantitative surveys and qualitative focus group discussion data. These data have been integrated in a structural equation model to reproduce factors and relations leading to the hazard induced effects and the capabilities to cope with. The model showed that the impact was almost completely compensated for by households’ and companies’ internal and external resilience capabilities.

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Map 1: Coral reefs and mangroves in study area in Phang-Nga ..................................................................... 39 Map 2: Study regions in southern Thailand ............................... 61 Map 3: Night and day time residential population 2009 ............ 89 Map 4: Affected provinces on the west coast of Thailand ......... 92 Map 5: Tsunamis since 2000 B.C. ............................................. 99 Map 6: Change in personal income and corporate tax 2004-2005 in % ........................................................... 107 Map 7: Study areas in Phang-Nga Province and Phuket Province based on IKONOS multispectral data from January 2003 ............................................................... 124 Map 8: Estimated exposure of household and company as- sets in Ban Nam Khem 2004 ....................................... 138 Map 9: Estimated exposure of household and company assets in Khao Lak 2004 .............................................. 142 Map 10: Estimated exposure of household and company assets in Patong Beach 2004 ....................................... 146 Map 11: Inundation height and accumulated damage in Ban Nam Khem ........................................................... 171 Map 12: Inundation height and accumulated damage in Khao Lak ..................................................................... 173 Map 13: Inundation height and accumulated damage in Patong Beach ............................................................... 174

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