In a recent report published by the Inter-American Development Bank (IDB), states that the cost of rebuilding Haiti after the earthquake of January 12, could range 8,000 to 14,000 million dollars.
The measurement technique study was carried out using simple regression econometric (panel data and information on past natural disasters with their estimates of damages). Among the significant variables are used the magnitude of the disaster, the number of deaths, population and GDP per capita in the country concerned.
The cost of reconstruction will have a more detailed calculation as it completes a study of post-disaster needs. The damage has been calculated assuming the cost of 200,000 to 250,000 dead or missing, according to the evaluation reports from the Haitian government.
Although the results are subject to certain reservations, the study confirms that the earthquake in Haiti has been probably the most destructive natural disasters of modern times, even greater than the devastating Southeast Asian tsunami of 2004.
Liability is known
Once the liability is clear, the cause and properly insured through such a good person or a liability insurance policy We Game will quickly take the payment of personal injury and economic damages can be. Even without the intervention of a judge. Read more »
Calculation of personal injury
The calculation of the injury is a beginning, an end date and a date known as capitalization. The capitalization date, future damages discounted to the present time for a single payment or to pay ransom, which does justice to what else in the future should be paid in installments. For example, loss of income, your expected income in the period after the accident compared to what else you probably would have earned. To calculate sophisticated calculation models are available, in various circumstances and expectations taken into account, in order then to an acceptable amount of damage with them.
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Injury Setting
Determining the extent of the injury is not always easy. Especially when some time back and the incident was insufficiently documented. It may be that the damage at the time of the claim has not fully materialized. Read more »
Many heads of damage are possible and can therefore be part of a personal injury compensation. Consider:
- Uncollected income through loss of labor: loss of your ability to earn enough. This loss of earning capacity or labor is usually the biggest loss item.
- Cost of hospitalization, ambulance, physiotherapy and nursing costs.
- Cost of permanent disability.
- Costs of rehabilitation.
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Economic Damages | Aaron Ehasz, 13 Apr 11 | 
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