• Disaster management planning is crucial for economic recovery as it helps minimize damage and loss of life, which in turn reduces the cost of recovery.
• By having a solid disaster management plan, countries can quickly respond to emergencies, regain control of the situation, and prevent further losses.
• This can result in faster economic recovery, as businesses can resume their operations quickly, and the government can focus on rebuilding the affected areas.
• Effective disaster management planning can also attract foreign investment, as it demonstrates a country's ability to manage risk and protect critical infrastructure.
• For example, Japan's disaster management plan enabled the government to transition quickly from response to recovery after the 2011 earthquake, tsunami, and nuclear disaster.
• The country invested heavily in rebuilding infrastructure, and the economy quickly bounced back, with GDP returning to pre-disaster levels within five years.
• Similarly, after Hurricane Katrina, the United States launched a multi-billion dollar recovery effort, with a key focus on rebuilding critical infrastructure, such as ports and airports.

Overall, disaster management planning is critical for economic recovery, as it minimizes losses and enables businesses to resume operations quickly. Moreover, it ensures that the government can focus on rebuilding critical infrastructure, which is essential for economic growth.