Thai Flood 2011

World Bank

Thai Flood 2011

Autores

World Bank

Editor

World Bank, Bangkok

Descripción

This report outlines these findings, including damage and loss estimates and social and economic impacts, and proposes strategies for resilient recovery and reconstruction planning. Heavy rain combined with multiple tropical storms throughout the extended rainy season played a large part in the extensive flooding. Flash floods were reported in several areas in the north in May, and tropical depression Haima arrived in June followed by Nock-Ten in July, the combination of which caused widespread flooding. Overall, the floods affected more than 13 million people and resulted in more than 680 deaths. The floods impacted heavily on the private sector, particularly manufacturing. Manufacturing makes up about 38.5 percent of Thailand's Gross Domestic Product (GDP) and is one of the main drivers of Thailand's exports. The majority of manufacturers are located in five flood-affected provinces, namely Bangkok, Ayuthaya, Nakhon Sawan, Pathum Thani, and Samut Sakhon. Tourism, housing and the financial sector were also heavily affected. Though there was some damage to tourism infrastructure, the greatest impact came from losses in revenue from accommodation, transportation, shopping, food and beverages, entertainment and sightseeing. Recovery and reconstruction needs are estimated to be THB 1.5 trillion (USD 50 billion) over a five-year period.

Palabras clave

ACCESS TO FINANCIAL SERVICES, ACCOUNTABILITY, ACCOUNTING, AGRICULTURAL COOPERATIVES, AGRICULTURAL ECONOMICS, AGRICULTURAL INSURANCE, AGRICULTURAL SECTOR, AGRICULTURE ORGANIZATION, AIRPORTS, BANK OF THAILAND, BANKING SECTOR, BOND MARKET, BORROWING, CHAMBER OF COMMERCE, CLIMATE CHANGE, COLLATERAL, COLLATERAL REQUIREMENTS, CREDIT GUARANTEE, CREDIT LINE, CURRENT ACCOUNT, DEBT, DEBT MANAGEMENT, DEVELOPMENT BANK, DEVELOPMENT ORGANIZATION, DISASTER, DISASTER INFORMATION, DISASTER PREPAREDNESS, DISASTER PREVENTION, DISASTER RECONSTRUCTION, DISASTER RECOVERY, DISASTER RISK, DISASTER RISKS, DISASTERS, DISTRIBUTION SYSTEM, DRAINAGE, DRIVERS, DROUGHTS, EARLY WARNING, EARLY WARNING SYSTEM, ECONOMIC ACTIVITIES, ECONOMIC GROWTH, EDUCATION DEVELOPMENT, EMPLOYMENT, EMPLOYMENT OPPORTUNITIES, ENERGY CONSUMPTION, EXCHANGE COMMISSION, EXPENDITURE, EXPENDITURES, FAMILIES, FARMERS, FINANCIAL ACCESS, FINANCIAL ASSISTANCE, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL INTERMEDIATION, FINANCIAL SUPPORT, FINANCING NEEDS, FISCAL POLICY, FLOOD, FLOOD CONTROL, FLOOD MANAGEMENT, FLOODING, FLOODS, FORMAL SOURCES OF CREDIT, HEAVY RAIN, HIGH INTEREST RATES, HIGHWAYS, HOME OWNERS, HOUSEHOLDS, HOUSING, INDEBTEDNESS, INFLATION, INFORMAL LENDERS, INFORMATION DISSEMINATION, INSURANCE, INTERNATIONAL BANK, INTERNATIONAL FINANCE, LAND USE, LEGAL FRAMEWORK, LIMITED ACCESS, LOAN, MEDICINE, MIGRANT WORKERS, MIGRATION, MONEY LENDERS, NATIONAL PARKS, NATURAL RESOURCES, OPERATING COSTS, PEOPLE WITH DISABILITIES, PHYSICAL ASSETS, POLLUTION, POLLUTION CONTROL, PRODUCTIVITY, PUBLIC DEBT, PUBLIC WORKS, RAILWAY, REHABILITATION NEEDS, RELIEF, RELIEF OPERATIONS, REPAYMENT, RISK MANAGEMENT, ROAD, ROADS, RURAL ROADS, SAFETY, SANITATION, SAVINGS, SAVINGS GROUPS, SECURITIES, SITUATION REPORT, SOCIAL DEVELOPMENT, SOCIAL SECURITY, SOURCES OF FUNDS, SOURCES OF INCOME, SUBSIDIARY, TAX, TAX REVENUE, TECHNICAL ASSISTANCE, TRAFFIC, TRANSPARENCY, TRANSPORT, TRANSPORT SECTOR, TRANSPORTATION, TRANSPORTATION FACILITIES, TROPICAL STORMS, TRUE, UNION, URBAN AREAS, VILLAGE, VULNERABLE GROUPS, WAGES, WATER SUPPLY