Showing 1 - 6 of 6
This paper presents Haiti’s Sixth Review under the Extended Credit Facility and request for Waiver of Performance Criterion, and Augmentation of Access. Manufacturing activity would be hit the most, as the largest enterprises, including the important export textile sector, have been...
Persistent link: https://www.econbiz.de/10011244864
Natural disaster risk is emerging as an increasingly important constraint on economic development and poverty reduction. This paper first sets out the key stylized facts in the area-that the costs of disaster have been increasing, seem set to continue to increase, and bear especially heavily on...
Persistent link: https://www.econbiz.de/10005825906
Natural disasters are an important source of vulnerability in the Caribbean region. Despite being one of the more disaster-prone areas of the world, it has one of the lowest levels of insurance coverage. This paper examines the vulnerability of Belize's public finance to the occurrence of...
Persistent link: https://www.econbiz.de/10005599214
paper exploits the exogeneity and randomness of earthquakes to address this question. There is robust evidence that more … specialized economies experience larger declines in consumption when earthquakes occur, and consistent with the insurance channel …
Persistent link: https://www.econbiz.de/10005599518
This paper reviews the literature on the macroeconomic impact of natural disasters and presents the IMF’s role in assisting countries coping with natural catastrophes. Focusing on seven country cases, the paper describes the emergency financing, policy support, and technical assistance...
Persistent link: https://www.econbiz.de/10011242390
This paper uses multivariate dynamic panel analysis to examine the response of international financial flows to natural disasters. The models estimated for a large sample of developing countries point to differentiated responses of specific types of financial flows. The results show that...
Persistent link: https://www.econbiz.de/10008560427