chile earthquake 2010 recovery

Field Trip to Chile, September 2011 ii Published by Cambridge Architectural Research Ltd. CURBE was established in 1997 to create a structure for interdisciplinary collaboration for disaster and risk research and application. Yet, the economy rebounded in the second quarter of 2010 …

A police officer and residents, carry a body from a destroyed house in Talca, Chile, Saturday, Feb. 27, 2010 after an 8.8-magnitude struck central Chile. It also plans to establish a specialized stock market to facilitate initial public offerings for start-ups and increase the availability of venture capital. In this image provided by TVN a crushed car can be seen in a parking garage in Concepcion Chile following the earthquake early Saturday morning Feb. 27, 2010. A magnitude-8.8 earthquake hit Chile's central region early Saturday. An 8.8-magnitude earthquake hit Chile early Saturday.

A woman carries goods during looting of a supermarket in Concepcion, Chile, Sunday, Feb. 28, 2010. An 8.8-magnitude earthquake hit Chile early Saturday. But on February 27, 2010 the country suffered a massive earthquake.

A view of an earthquake damaged building at the Maipu neighborhood in Santiago, Saturday, Feb. 27, 2010.

The IMF Press Center is a password-protected site for working journalists.The IMF Press Center is a password-protected site for working journalists.Post-earthquake reconstruction in Valparaiso, Chile. People stand next to the destroyed cathedral of Chanco, some 180 miles southwest of Santiago, Sunday, Feb. 28, 2010. Residents are seen outside their house in Santiago early Saturday Feb. 27, 2010, An 8.8-magnitude earthquake struck central Chile early Saturday. A resident sits next to a destroyed building in downtown Talca, Chile, Saturday, Feb. 27, 2010, after an 8.8-magnitude struck central Chile.

An overturned vehicle sits amidst rubble of a collapsed elevated highway in Santiago, Saturday, Feb. 27, 2010. The quake hit 200 miles southwest of the capital and the epicenter was just 70 miles from Concepcion, Chile's second-largest city.Chile's President Michelle Bachelet looks at collapsed houses after an earthquake in Concepcion, Chile, Saturday, Feb. 27, 2010. But the challenge for monetary policy is that rising domestic interest rates and a recovering economy could attract more capital inflows, leading to a further appreciation of the Chilean peso. Areas for improvement include making the calculation of the structural balance more transparent and introducing an explicit escape clause to allow for discretionary countercylical policy in the case of large shocks.

The 2010 Maule, Chile Earthquake 2 1.1 Seismological Features 2 1.2 Ground Shaking 2 1.3 Tsunami 4 1.4 Casualties 5 ... complexities inherent to societal recovery after a catastrophe. Rescue workers recover the body of an earthquake victim from a collapsed building in Concepcion, Chile, Sunday, Feb. 28, 2010. Pope Benedict XVI reads his message during the Angelus prayer in St. Peter's square at the Vatican, Sunday, Feb. 28, 2010. IMF staff agreed with the authorities that replacing the current high severance payment system with a more comprehensive unemployment insurance scheme could help increase labor market mobility and encourage greater investment in education and on-the-job training. In early 2010 the Chilean economy was poised for a strong recovery. The epicenter was 70 miles from Concepcion, Chile's second-largest city. The epicenter was 70 miles from Concepcion, Chile's second-largest city.

But on February 27, 2010 the country suffered a massive earthquake. The epicenter of the 8.8-magnitude earthquake was just 70 miles from Concepcion, Chile's second-largest city, struck central Chearly Saturday.A patient is seen outside a hospital in Talca, Chile, Saturday, Feb. 27, 2010, after an 8.8-magnitude struck central Chile. Women cover their faces from tear gas shot by police officers during looting in Concepcion, Chile, Sunday, Feb. 28, 2010. INSTRUCTION A great earthquake of Mw8.8 occurred at 3:34 A.M. on February 27, 2010 local time with the Pacific coast of Chile as the hypocenter. People fearful of being inside because of the massive quake's aftershocks gather around a fire on a street in Concepcion, Sunday, Feb. 28, 2010.

A resident takes photos of a building damaged in Talca, Chile, Saturday, Feb. 27, 2010. In late July, Chile placed 10-year bonds worth $1 billion with a spread of only 90 basis points and peso-denominated debt worth $500 million at a 5.5 percent interest rate in international financial markets, signaling strong market confidence that economic stability will be preserved. A collapsed bridge over the Claro river is seen near the town of Camarico, Chile, some 112 miles south of Santiago Saturday Feb. 27, 2010.

Vehicles that were driving along a highway that collapsed near Santiago are seen overturned on the asphalt Saturday, Feb. 27, 2010 after a powerful earthquake struck central Chile early Saturday. This image from TVN rubble can be seen outside the Basillica in Santiago Chile following the earthquake that struck early Saturday Feb. 27, 2010.

A collapsed bridge over the Claro river is seen near the town of Camarico, Chile, some 112 miles south of Santiago, Saturday, Feb. 27, 2010. Residents look at a collapsed building in Concepcion, Chile, Saturday Feb. 27, 2010 after an 8.8-magnitude struck central Chile.

A woman walks among debris on a destroyed street in Talcahuano, Chile, Sunday, Feb. 28, 2010. The IMF projects the economy to grow by 5 percent in 2010 (photo: Marcelo Hernandez/dpa)The IMF, in its regular annual assessment, noted that Chile’s economy has shown remarkable resilience in the past two years. IMF staff agreed with the authorities that domestic credit risks would diminish further as the recovery firms up. An 8.8-magnitude earthquake hit Chile early Saturday.

A resident looks at a destroyed house in Talca, Chile, Saturday, Feb. 27, 2010, after an 8.8-magnitude struck central Chile.

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