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Reconciling industrial policy and disaster risk management in the context of extreme events
Drawing on the literature on industrial policy and disaster risk response and management, this paper presents an analysis and discussion of several key issues that will need to be addressed to adapt industrial policies to improve disaster preparedness and build resilience, while not losing sight of promoting inclusive and sustainable industrial development.
The authors provide a foundation to support the design and implmentation of industrial policies in the context of extreme events; further research is needed to develop a more comprehensive framework. They argue that by acknowleding the interconnectedness of different components of the economic, social and environmental systems, the use of industrial policies is justified in the pursuit of high order goals, namely ensuring the provision of essential goods and services during extreme events and to secure society's long-term viability and survival.