Thinly traded securities exist in both emerging and well developed markets. However, plausible estimations of market risk measures for portfolios with infrequently traded securities have not been explored in the literature. We propose a methodology to calculate market risk measures based on the...

This paper studies the allocation of total disaster risk reduction public spending among regions in Peru. The main objective of this work is to identify the main determinants of the distribution of these resources, and for this purpose an index of historical physical impacts of natural...

This technical paper investigates potential avenues for reducing economic losses resulting from natural hazards, and discusses ex ante and ex post issues affecting disaster risk management. It also assesses how both types of measures can be jointly used to reduce the economic impact of disasters...

Border control agencies, including customs authorities, face major challenges balancing a country's need for controls with the benefits of facilitating cross-border traffic in people and goods. To better manage the growing volume of travelers and trade, a significant number of leading customs...

This technical notes summarizes the results of the application and update of the IDB's Indicators of Disaster Risk and Risk Management for borrowing member countries. The four indicators -Disaster Deficit Index (DDI), the Local Disaster Index (LDI), the Prevalent Vulnerability Index (PVI), and...

This study follows an analytical risk management process that begins by identifying the major hazards to which the countries of Latin America and the Caribbean are exposed. It then outlines the risk exposures related to these hazards, evaluates opportunities for risk transfer and presents...

En el marco de la III Fase del Diálogo Regional de Política sobre Riesgo de Desastres Naturales, el Banco Interamericano de Desarrollo (BID) encargó a la Deutsche Gesellschaft für Technische Zusammenarbeit (Cooperación Técnica Alemana, GTZ) la elaboración de un estudio sobre "Manejo...

This technical paper provides us with an in-depth explanation of how losses due to catastrophes are insured and who absorbs the costs of compensating the insured assets. In the absence of an effective insurance market, the government often becomes the de facto financier of postdisaster...

The objective of this technical note is to provide Bank staff with direction and assistance regarding the content of the Environmental and Social Management Report (ESMR) for Water & Sanitation (W&S) projects.

Shielding the Poor presents a group of studies on social protection in the developing world from leading researchers. These studies address the issue of vulnerability of the poor to adverse shocks and propose policies to increase their protection and coping capacity. The studies emphasize the...