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...

Financial Risk Management outlines how to implement an objective and systematic risk management program that allows for effective control and evaluation of operations. This comprehensive guide is designed to help businesses and financial institutions operating in emerging markets incorporate...

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...

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...

Financial Risk Management outlines how to implement an objective and systematic risk management program that allows for effective control and evaluation of operations. This comprehensive guide is designed to help businesses and financial institutions operating in emerging markets incorporate...

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 report describes the application in 12 countries of a system of four indicators that measure the potential impact of natural hazards, the key element of those countries' vulnerability, and their capacity to manage risks. The development of this set of indicators relies on two decades of...

Agricultural value chain financing (VCF) is an emerging phenomenon in the region but it is not well studied. Historically, small- and medium-sized famers experience problems accessing formal finance. Participation in a well-structured and dynamic supply chain seems to improve chances of...

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...