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Research Interests: Business, Dispute Resolution, Arbitration, Emerging Economies, Capital Markets, and 15 moreDeveloping Countries, Alternative Investments, Emerging Markets, Credit Rating, Cost of Capital, Amortization, Debt, Currency, Description, Cash Flow, Double Taxation, Emerging Economy, Balance Sheet, Beneficiaries, and defaults
On November 8, 2013, Typhoon Yolanda made landfall in the Central Philippines. This disaster affected 7,110,958 out of 96.71 million persons in the Philippines, or approximately 7 percent of the population. More than one million homes... more
On November 8, 2013, Typhoon Yolanda made landfall in the Central Philippines. This disaster affected 7,110,958 out of 96.71 million persons in the Philippines, or approximately 7 percent of the population. More than one million homes (1,012,790) were destroyed (518,878) or suffered major damage (493,912). The highest level of damage was in Region VIII, where Tacloban is located. 95 percent of the families located in Tacloban were displaced. The proposal submitted under the Innovation Grant program for ‘housing displaced people: a simple, innovative solution,’ was submitted eight days before the Typhoon struck. The original intent was to assist the Philippines with a rental housing assistance tool modeled on a successful program in Haiti that could be used in the event the country was hit with another major disaster. It was also intended to guide Jordan with its rental-housing program for cross border refugees. With the urgent need created by Typhoon Yolanda and a challenging securi...