We investigate empirically the factors that are effective in improving and/or maintaining economic resilience and strength against disasters. First, we review the Ministry of Economy, Trade and Industry's pilot projects on the Business Continuity Management System (BCMS), and provide impact assessments of policies on BCMS formation. Second, we conduct a questionnaire survey on disaster risk financing in the corporate sector--we quantitatively analyze the status quo and determinants of the corporate sector's demand for disaster risk financing and insurance. In particular, we aim at identifying the causes of the low disaster insurance subscription rate and finding the factors that are necessary to improve the subscription rate. Third, we review the cases in various countries that we have been investigating through RIETI projects (including but not limited to Japan) so as to distinguish between aspects that are generic and those that are case-specific regarding measures against disasters.
October 6, 2014 - September 30, 2016