Financial implications of disaster management Case Study

Financial implications of contingency management - Case Study ExampleThis paper discusses every last(predicate) the financial aspects of disaster management in the context of organizational settings. Donor Fatigue with the global economy still in the doldrums and recovery generally uncertain, major donor countries are now often reluctant to give bigger amounts although the said countries pledge much larger donations but come up short with the actual monies. Series of successive natural calamities had likewise depleted the financial resources of most donors and thither is a feeling of fatigue among them, of constantly displace aid with little results. The governmental aid sent by developed countries are now often supplemented by snobby donors. Non-governmental organizations which are mostly private initiatives must now realize that a fountain of goodwill is not unlimited and must therefore spend their financial resources well. When the next disaster strikes, there might not be e nough money for an adequate response. A consequence of donor fatigue is worsening of the situation and drop in financing due to apathy. Politics humanitarian assistance is the usual international response whenever there is a natural calamity or a man-made disaster (such as regional conflicts and genocidal wars).