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The Financial Markets and Financial Crises

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Analysis carried out in the city case studies show that sound urban environmental management is also good for climate adaptation. As the Bangkok study shows, land subsidence, if not arrested, would contribute a greater share of damage costs from floods than a projected change in climate conditions. Thus, addressing land subsidence and factors con-tributing to it is important from the perspective of urban adaptation. While the HCMC study has not estimated the damage costs due to other environ-ment-development factors—such as the presence of solid waste in the city’s drains and waterways, poor dredging of canals, siltation of drains, deforesta-tion in...
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The Financial Markets and Financial Crises

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