Taupo, Tauisi
(2018)
Household Risk Indices for the Atoll Islands of Tuvalu.
USP School of Economics Working Paper Series, Suva, Fiji.
(Unpublished)
Abstract
Small atoll islands often inherit unique natural beauty, but on the flip-side to this are disaster risks associated with its economic characteristics and physical factors of the environmental (geographical and topographical). To this, we examined the importance of having risk indices for the islands and villages of Tuvalu by employing a principal component analysis to construct an overall risk index for households to determine “at risk” households that is broadly represented by villages and islands in Tuvalu. The risk index serves as a metric for measuring the potential
risk that is expected to surface in relation to household vulnerability to natural disasters. Such risk classifications are imperative for policy and decision making.
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