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Small States Resilience to Natural Disasters and Climate Change : Role for the IMF
International Monetary Fund - 2016
Small developing states are disproportionately vulnerable to natural disasters. On average, the annual cost of disasters for small states is nearly 2 percent of GDP-more than four times that for larger countries. This reflects a higher frequency of disasters, adjusted for land area, as well as...
Persistent link: https://www.econbiz.de/10014408600
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Large Natural Disasters : Enhancing the Financial Safety Net for Developing Countries
International Monetary Fund - 2017
The Rapid Credit Facility (RCF) and Rapid Financing Instrument (RFI) are valuable components of the disaster risk … access limits of 60 percent of quota under the RCF and RFI for countries experiencing severe natural disaster-related damages …. The focus of this paper is to specify the threshold of damage from a natural disaster that would allow members …
Persistent link: https://www.econbiz.de/10014408736
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Once Again, is Openness Good for Growth?
International Monetary Fund - 2004
Rodriguez and Rodrik (2000) argue that the relation between openness and growth is still an open question. One of the main problems in the assessment of the effect is the endogeneity of the relation. In order to address this issue, this paper applies the identification through heteroskedasticity...
Persistent link: https://www.econbiz.de/10014401435
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Sterilizing Capital inflows
International Monetary Fund - 1997
Developing countries fortunate enough to experience capital inflows haveseen rising levels of investment and enhanced economic growth. Capitalinflows have a negative side, however, in that they tend to appreciatethe domestic currency, making exports less competitive, and to encourageinflation....
Persistent link: https://www.econbiz.de/10014402762
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Corruption and Military Spending
International Monetary Fund - 2000
Anecdotal evidence relates corruption with high levels of military spending. This paper tests empirically whether such a relationship exists. The empirical analysis is based on data from four different sources for up to 120 countries in the period 1985–98. The association between military...
Persistent link: https://www.econbiz.de/10014399916
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Catastrophe Containment and Relief Trust-Second Tranche Of Debt Service Relief In The Context Of The COVID-19 Pandemic
International Monetary Fund - 2020
This paper proposes that the Executive Board approve the disbursement of a second 6-month tranche of CCRT debt service relief to 28 of the 29 members, covering the period October 14, 2020 through April 13, 2021, given staff's assessment that sufficient financial resources are available.2 In this...
Persistent link: https://www.econbiz.de/10014408890
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Termination of the Emergency Post-Conflict and Natural Disaster Assistance Administered Subsidy Account
International Monetary Fund - 2014
Persistent link: https://www.econbiz.de/10014410604
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Central America : Structural Foundations for Regional Financial Integration
International Monetary Fund - 2006
Sector Regional Project by an IMF and World Bank staff team, this book outlines trends in the region's financial sector … integration, supervisory responses, development of the insurance sector, payment and securities settlement arrangements, and …
Persistent link: https://www.econbiz.de/10014404802
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Cyprus : Financial Sector Assessment Program Update: Technical Note: Insurance Regulation and Supervision
International Monetary Fund - 2009
This paper examines the Insurance Regulation and Supervision for Cyprus’s Financial Sector Assessment Program. The … domestic nonlife market is dominated by motor insurance which accounted for 58 percent of net premiums. All Cypriot business is … reinsured with nondomiciled reinsurers. Health insurance is regulated as nonlife business when written as add-ons to accident …
Persistent link: https://www.econbiz.de/10014406663
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Switzerland : Financial Sector Assessment Program: Factual Update: Insurance Sector Market and Regulatory Developments
International Monetary Fund - 2007
This paper presents a factual update of the Insurance Core Principles including insurance sector market and regulatory … insurance industry to bring it in line with international best practices. The Insurance Supervision Law (ISL) has reoriented the … management, and market conduct of insurance intermediaries. The ISL also provides for a range of corrective and preventive …
Persistent link: https://www.econbiz.de/10014406882