Effect of pre-disaster public finance on disaster mitigation in Eastern and Southern Africa

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dc.contributor.authorKudzanayi, Christian Maguchu
dc.date.accessioned2021-07-28T13:46:16Z
dc.date.available2021-07-28T13:46:16Z
dc.date.issued2020-11
dc.descriptionA Dissertation submitted in partial fulfillment of the requirement for Degree of Master of Science in Development Finance at Strathmore Business Schoolen_US
dc.description.abstractSub-Saharan Africa has seen an increase in the frequency, intensity and cost of natural disasters. The associated effects suggest that governments are lagging on their disaster mitigation financing obligations, since countries investing significantly in this should be able to minimize the impact of natural disasters. In consideration, the objective of the study was to assess whether the relationship between the occurrence of disasters and the resulting disaster related losses (total deaths and total people affected), is affected by the level and type of pre-disaster finance (dedicated and embedded budget allocations, contingent credit lines, insurance and reinsurance, and catastrophic bonds). The study adopted a positivism research philosophy, followed a quantitative descriptive research design using panel data analysis and utilized secondary data on six countries in Eastern and Southern Africa. Findings indicate that embedded budget allocations weaken the causal relationship between disaster occurrence and disaster losses thereby improving disaster mitigation as shown by the reduction in the total deaths and number of people affected by hazards. On the contrary, dedicated budget allocations, insurance and reinsurance and contingent credit lines did not show any significant interaction with disaster occurrence and therefore no effect on the minimization of total deaths and number of people affected. The study recommends the increased use of embedded budget allocations for effective disaster mitigation.en_US
dc.description.sponsorshipStrathmore University Business Schoolen_US
dc.identifier.urihttp://hdl.handle.net/11071/12055
dc.language.isoen_USen_US
dc.publisherStrathmore Universityen_US
dc.subjectDisastersen_US
dc.subjectDisaster Mitigationen_US
dc.subjectDisaster Risk Reductionen_US
dc.titleEffect of pre-disaster public finance on disaster mitigation in Eastern and Southern Africaen_US
dc.typeThesisen_US
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