Solution:

The Modern Loss Factor:

The fourth factor is the relationship between contemporary disaster threats and the losses they may impose.

The simple fact is that the more nations develop and the more assets they build up, the more they stand to lose. It follows that any action which can be taken to reduce disaster-related loss must be seen as logical and desirable in cost-benefit terms.

This applies to all countries— rich or poor—and it underlines the need for all countries to try to develop and maintain an effective disaster management capability that is appropriate to their needs.

It also underlines the necessity of coordinated international action to strengthen all aspects of disaster management, wherever this is possible.

In this regard, the initiation under the auspices of the United Nations of an International Decade for Natural Disaster Reduction during the 1990s must be seen as a progressive and highly commendable step.