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- Preparing for High-impact, Low-probability Events
Preparing for High-impact, Low-probability Events
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The frequency of "high-impact, low-probability" (HILP) events in the last decade - such as Hurricane Katrina, and the T hoku earthquake and tsunami - signals the emergence of a new "normal." This report examines the effects of the volcanic ash cloud that spread across Europe in April 2010 and draws lessons for other HILP events.
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