Chair in the Economics of Disasters
The Chair in the Economics of Disasters focuses on the research and application of economic insights and analyses to the management of disasters.
The Chair in the Economics of Disasters was established in July 2013 with sponsorship from Victoria University of Wellington, the Earthquake Commission and the Ministry for Primary Industries. It is understood to be the first such Chair in the world.
The focus of the Chair is on the research and application of economic insights and analyses to the management of natural and other disasters.
This need for such analysis was clearly demonstrated close to home after the Canterbury earthquake sequence of 2010-2011, but also after the Boxing Day tsunami in 2004, Hurricane Katrina in 2005, the Sichuan earthquake in 2008, the Japan tsunami and Fukushima nuclear disaster of 2011, as well as health-related disasters such as Ebola, SARS, and the H1N1 epidemics.
The Chair in the Economics of Disasters also aim to fill a gap in preparedness of the public, private, and academic sectors in the face of the uncertainty that there will, in the future, be more disasters attributed to climate change.
Located in the School of Economics and Finance, the first holder of the Chair is Professor Ilan Noy. Ilan is a Professor of Economics at Victoria University of Wellington. After completing a BA from the Hebrew University, he worked as a tour-guide in China and India.
In 1998, he moved to California to continue studies for a doctorate in International Economics at the University of California in Santa Cruz, and had then worked for almost a decade at the University of Hawaii.