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Aceh-Nias Reconstruction and Rehabilitation: Progress and Challenges at the End of 2006

dc.contributor.authorSuahasil Nazara
dc.contributor.authorBudy P. Resosudarmo
dc.description.abstractThis study examines the recovery and reconstruction experience of Indonesia, following the December 2004 Asian tsunami that destroyed much of Aceh island, inflicting some 167,000 fatalities and destroying much of the island's housing and infrastructure. This was followed soon after by a major earthquake in the neighbouring island of Nias. A large reconstruction programme was launched by the government, with pledges from international donors to meet most of the reconstruction costs. The changed approach in Aceh following the tsunami paved the way for a peace settlement that ended a decades-long military conflict in the province. However, two years after the tsunami key reconstruction plan targets have not been met and are unlikely to be met in the foreseeable future. The Indonesian experience highlights coordination problems between the many government agencies, international donors, and NGOs; difficulties for reconstruction agencies in using funds effectively; and the dangers of a large funding gap emerging because of underestimation of local cost increases. Lessons and implications are drawn for institutional development and policy formulation to cope with future natural disasters. These have relevance not only for Indonesia but also for many other developing countries.
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.titleAceh-Nias Reconstruction and Rehabilitation: Progress and Challenges at the End of 2006
dc.typeWorking Papers
dc.subject.expertAsian Development Bank
dc.subject.expertRegional Economic Integration
dc.subject.expertFinancial Sector Policies
dc.subject.expertFinancial Risk Management
dc.subject.expertBond Financing
dc.subject.adbEconomic integration
dc.subject.adbDevelopment Bank
dc.subject.adbCapital Market
dc.subject.adbRegional Plans
dc.subject.adbRegional Development Bank
dc.subject.adbDevelopment finance
dc.subject.naturalDevelopment Banks
dc.subject.naturalLocal government bonds
dc.subject.naturalCatastrophe bonds
dc.subject.naturalBond funds
dc.subject.naturalBond market
dc.subject.naturalMultilateral development banks
dc.title.seriesADB Institute Discussion Paper
dc.contributor.imprintAsian Development Bank
oar.themeLabor Migration
oar.themeSmall Medium Business
oar.adminregionSoutheast Asia Region
oar.authorNazara, Suahasil
oar.authorResosudarmo, Budy P.

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  • ADBI Working Papers
    The Asian Development Bank Institute (ADBI) Working Paper series is a continuation of the formerly named Discussion Paper series which began in January 2003. The numbering of the papers continued without interruption or change. ADBI was established in 1997 in Tokyo, Japan, to help build capacity, skills, and knowledge related to poverty reduction and other areas that support long-term growth and competitiveness in developing economies in Asia and the Pacific.

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