Risk Management and Disaster Mitigation: A Case Study Applied to Haiti

Natural hazards do have impacts on development. Of heavy consequences on both the human life and the economic development these impacts are critical in most of the Caribbean islands in general and specifically in Haiti. Thus, there is an urgent need to implement strategies aiming at reducing risk for lessening losses. By implementing well designed risk management strategies vulnerability can be reduced, and as a consequence, investment and employment can be protected. Even so preparedness to sustainable development is at the global Agenda, with regards to the specific case of Haiti, we assume that, at present, the country is not at all involved in such a long run strategy. Government attention is focused on immediate urgencies to be solved. By questioning the particular case of tourism, we show the positive impact of risk management strategies on growth using a Cost-Benefit Analysis (CBA)