Economic development is critical for local governments responding to emergencies. Disasters can have direct and indirect economic impacts on communities. Effective economic recovery involves business and industry representatives in decision making, returns businesses to activity early, and coordinates recovery programs to support the economic structure. Local governments should understand their community's strengths, weaknesses, opportunities, and threats to assess industry resilience and develop an economic recovery plan. Keeping industry informed and implementing buy local campaigns can help economic recovery.

3. Context

4. The Economic Impact of a disaster Source: Adapted from Bureau of Transport Economics 2001, Economics Costs of Natural Disasters in Australia, Report 103, Canberra .

7. * Auspiced by Tourism Victoria and Yarra Valley & The Dandenongs Marketing. Strategically Manage Recovery

9. Normal Community Community Normal

10. Threatened Community Under Stress Disaster Event horizon Bonds Reform Debonding Community Threatened Disaster Event horizon typerbonding Disaster Event horizon Under Stress

11. Intense need for social connection Intense need for connection Emotionally aroused bond seeking activity Boundary formation excludes outsiders New bonds forming social

12. Fusion unstainable – life demands resume Fusion demands resume Losses Experiences Resources Joint Tensions Location Compensation Unstainable-life

13. Recovery/Reconstruction – normality resumes Normality resumes Recovery/Reconstruction

15. Keep Industry Informed Industry Keep Informed

16. A bit of Luck A bit of Luck

17. Buy Local Campaigns Local Buy Campaigns

18. Key Resources Key Resources

20. Be Creative