The impact on the global financial market was quite limited because many of the damaged structures were uninsured, minimizing the exposure of Western and Asian financial services companies to destruction of tsunami” (Athukorala & Resosudarmo, 2005) According to Monica Escaleras and Charles Register, who compared economically rich countries with poor ones that suffered disasters, they found that "This is due to the fact that countries with high-quality infrastructure risk to have greater potential economic losses, even if they have relatively few deaths, when a disaster occurs, compared to those who do not have well-developed infrastructure. Conversely, a country can lose many lives due to inadequate infrastructure, but suffer a loss relatively low economy due to an event” (Escaleras & Register, 2016). To summarize, poor countries and without a significant role in the international trade disaster are limited to local destruction and will not have significant effects on global financial markets. Important economic industries that survive a disaster will keep a country's GDP stable, and the international financial market will fare well if a lower percentage of insurance claims are paid