Because of the geographic location, Typhoon Haiyan has literally striped the Philippines’ assets-largely its infrastructures, to be exact. Natural hazards cost the country 1.6 billion dollars annually. Trinh Nguyen who is a HSBC economist said that infrastructure investment has become an urgent and important critical activity of Philippines.

Though they can rebuild their house after the disaster, it is not a sustainable way to solve the problem from a long-term perspective. Typhoon Haiyan can not only be regarded as a simple natural disaster, what’s more important is it damages three aspects, including environmental, social and financial which are the basis of a country. The damage from Typhoon Haiyan on environment is obvious. But it also shows the negative impact on society and its finance, for example, citizen’s houses were destroyed which reflected that government’s investment on infrastructure is not powerful, and resulted in the financial cost. It not only reflects that Philippines must value the sustainability, but also warn Philippines to pay more attention to social responsibility. The government must invest more fund and energy on its infrastructure and assets, so as to protect the safety of its people and asset, and develop its productivity.

“Typhoon Haiyan: Not Simply a Natural Disaster” http://blog.ubc.ca Nov 14, 2013. https://blogs.ubc.ca/rachelchan/2013/11/14/typhoon-haiyan-a-natural-or-financial-disaster/ Nov. 9, 2014