The Indian Economy Blog

October 9, 2005

Subcontinental Earthquake

Filed under: Miscellaneous — Prashant @ 12:02 am

An earthquake rocked Pakistan, India and Afghanistan Sunday — read more about it here

For more information, and if you want to help, this is a good place to start

7 Comments »

  1. I was wondering, do natural disasters in economically backward areas cause a bigger dent to the economy in the medium/long term as compared to natural disasters in economically forward areas?

    Comment by Pranay Manocha — October 10, 2005 @ 8:53 am

  2. Bridge too far

    Although Indian Prime Minister Manmohan Singh called Pakistani President Pervez Musharraf and offered New Delhi’s readiness to help. Due to India-Pakistan rivalry since independence in 1947 they refuse all aid.

    India has one of the worlds largest military and can easily help Pakistan.

    Urge Pakistani President Pervez Musharraf to forget old differences and step up and bridge the divide at this hour of great need.

    Comment by Mani Pulimood — October 10, 2005 @ 10:09 am

  3. Indian military is well known to respond effectively in times of crisis (flood etc). Obviously, pakistan do not want their people to know that indian military does a good job in humanitarian crisis.

    Comment by sv — October 10, 2005 @ 12:24 pm

  4. Good News

    Pakistan accepts Indian aid offer for quake victims

    http://www.alertnet.org/thenews/newsdesk/ISL280103.htm

    Comment by Mani Pulimood — October 10, 2005 @ 1:12 pm

  5. Re Pranay’s question: Do natural disasters in economically backward areas cause a bigger dent to the economy in the medium/long term as compared to natural disasters in economically forward areas?

    I think so. After all, economically backward places are by definition far more fragile economically. Am sure there’s some research done on this..

    Comment by Prashant Kothari — October 10, 2005 @ 2:12 pm

  6. Road to Recovery

    The economically forward areas would find it easier to flush in more capital and start production much sooner, than their backward counterparts who will take a longer time to rebound. It is the ability to mobilize the scarce resources to the needy areas as soon as possible that sets them on the road to recovery.

    Comment by Mani Pulimood — October 11, 2005 @ 10:25 am

  7. The devastating earthquake of October 2005, collapsed AJK’s economical structure completly. The Govt. is much depending on foreign aid and INGOs working in these areas.

    Comment by Naeem Tyab — February 24, 2006 @ 9:33 am

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