RMI 2302 Final Exam Nyce

RMI 2302 Final Exam Nyce The number of years between same-sized natural disaster events is also known as - ✔✔Return Period Frequency and magnitude of natural disasters typically have a _____ ? - ✔✔Inverse relationship ...

RMI 2302 Final Exam Nyce The number of years between same-sized natural disaster events is also known as - ✔✔Return Period Frequency and magnitude of natural disasters typically have a _____ ? - ✔✔Inverse relationship Risks of "high concern" in the Global Risk Report 2014 - ✔✔1. Food crisis 2. Water crisis 3. Political instability Today, most developed countries have gone from _____ death rates and _____ birth rates to _____ death rates and _____ birth rates. (high/low) - ✔✔High. High. Low, Low . _____ countries appear to have a disproportionately high share of the natural hazard _____ and also experience greater economic _____. - ✔✔Poorer, risk, losses The Hyogo Framework for Action 2005-2015: Building the Resilience of Nations and Communities to Disasters emphasized five major priorities for action. - ✔✔1. Identify, assess and monitor disaster risks and enhance early warning 2. Reduce underlying risk factors 3. Strengthen disaster preparedness for effective response at all levels What is a specific concern regarding the aging population? - ✔✔Rising ratio of workers to retirees States Located in Tornado Ally - ✔✔1. Louisiana 2. Florida 3. Iowa The transitional phase of the demographic transition was characterized by - ✔✔Population explosion We now have a ______ infant mortality rate than in historic years. - ✔✔Lower Population explosion varies with _____ and _____. - ✔✔Economic development, urbanization What varies with economic development? - ✔✔Birth rates and death rates Major categories of challenges of the aging population - ✔✔1. Economic development issues 2. Health and well-being issues 3. Challenge of enabling and supportive environments Natural ________ are inevitable, but natural _______ are not. - ✔✔Hazards, Disasters By 2020, people 65 and over outnumber those _____ and under. - ✔✔5 yrs old The pre-transition phase of the demographic transition was characterized by - ✔✔Population maintenance What term best describes the ability of the environment to support a population? - ✔✔Carrying capacity Results of an aging population - ✔✔1. US will become more influential 2. Population of developed nations will decrease as a percentage of global totals 3. GDP of developed nations will decrease as a percentage of global totals What is the number 1 killer among the elderly? - ✔✔Noncommunicable Diseases What term is used to describe the aging population in need of a variety of services - health care, housing, and guards against inflation, for example. - ✔✔Gray/Grey Which developed nation is best positioned to manage trends as a result of an aging population? - ✔✔US What term best describes the impact of politics on markets? - ✔✔Political Risk Examples of political risk - ✔✔1. Passage of laws 2. Foibles of leaders 3. Rise of popular movements Economic analysis of potential international expansion (supply or demand side) takes what into account? - ✔✔1. Reputational risk 2. Business risk A political risk analysis is ________ when compared to an economic risk analysis. - ✔✔More subjective Reasons that we need political risk analysis - ✔✔1. International markets are more interconnected than ever before 2. The US is making the world a more volatile place 3. Offshore trend is growing A(n) _____ asks "Can a particular country pay its debt," while a(n) _____ asks "Will a particular country pay its debt." - ✔✔Economic analysis, political analysis There are two factors involved with stability concerning political risk. What are they? - ✔✔1. Strength against shocks 2. shocks themselves Catagories of the stability index (DESIX)? - ✔✔1. Government 2. Society 3. Economy 4. Security We are not making progress addressing natural disasters because there are other things we could be doing, including - ✔✔1. Promoting best building practices 2. Better early warning technologies 3. Relocating at risk communities Which category of the DESIX best describes level of globalization? - ✔✔Security The definition of societal risk - ✔✔1. covers the areas of politics, diplomacy, conflict, crime and global governance 2. covers major risks related to the growing centrality of information and communication technologies to individuals, businesses and governments. Altruism refers to - ✔✔People helping others in a time of need Two alternatives for managing natural hazard risk include - ✔✔1. Mitigation 2. Resilience According to the 2014 Global Risks Report, what is a category of global risk - ✔✔Economic Two of the three top global risks of 2014 belong to which global risk category? - ✔✔Economic According to the 2014 Global Risks Report, what is the number 1 global risk of highest concern? - ✔✔Fiscal Crises in Key Economies Looking 5-10 years ahead, what are potential threats that can be identified in light of current trends? - ✔✔1. Emerging-Market Uncertainties 2. Commercial/Political Frictions between Countries Characteristics of systemic risk - ✔✔1. Modest tipping points combining indirectly to produce large failures 2. Risk-sharing or contagion, as one loss triggers a chain of others 3. "Hysteresis", or systems being unable to recover equilibrium after a shock Liquidity crises is an example of what type of risk? - ✔✔Economic Risk According to the 2014 Global Risks Report, the internet was originally "built for ___ rather than security" - ✔✔Resilience "Risks in focus" in the Global Risks Report 2014 - ✔✔1. Generations lost 2. Instabilities in an increasingly multipolar world 3. Digital disintegration _______ risk is the risk of breakdowns in an entire system. - ✔✔Systemic Cyber attacks are classified as what kind of global risk? - ✔✔Societal Categories of Risk - ✔✔1. Economic 2. Environmental 3. Geopolitical 4. Societal 5. Technological