Federal Disaster Assistance to State and Local Governments: A Critical Analysis
Fred B. Power and
E. Warren Shows
Journal of Insurance Issues, 1985, vol. 8, issue 2, 90-100
Abstract:
Natural calamities have been causing mankind havoc for ages. Hurricanes, tornadoes, riverine flooding, earthquakes and a number of lesser extreme events have wrought death and destruction worldwide. In the United States, disasters have historically elicited an outpouring of sympathy and material aid, revealing a fundamental desire to quickly restore economic health to a stricken area. The purposed of this paper is to critically examine the operation of the Federal Disaster Act of 1950 as mended by the Disaster Relief Act of 1974, a program of financial disaster relief, which has evolved in the United States primarily for state and local government.
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:wri:journl:v:8:y:1985:i:2:p:90-100
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