Description:
This special issue assembles selected papers of an
international seminar on »Financial Risks of Natural Hazards: Markets and the Role of
the State« held on May, 5-6, 2007 at the University of Innsbruck, Austria. The
discussions in this seminar focused on two key issues: Strengthening the role of
private parties to bear and effectively respond to natural hazards and mobilizing the
potential of financial markets to spread the economic risks of natural disasters.