The Financial Logistics of Disaster: The Case of Hurricane Katrina

The article describes emergency financial responses and consequences during and after Hurricane Katrina. It uses the case study analysis method and focuses on Hurricane Katrina and the city of New Orleans in addition to giving some comparative views of some neighboring communities and the state of Mississippi. The study uses contemporary media reports, official documents from federal, state, and local governments, independent groups, and financial analysis methods to analyze the impact of a disaster on the fiscal affairs of a community. The study uses fiscal equilibrium analysis as a framework for addressing fiscal policy issues in the aftermath of a catastrophic disaster.