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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 … dealing with disaster risk. Key sources of market failure include the difficulty of risk spreading and, perhaps even more …
Persistent link: https://www.econbiz.de/10005825906
vulnerable, with the countries of the Eastern Caribbean standing out as among the most disaster-prone in the world. Natural …
Persistent link: https://www.econbiz.de/10005605190
growth driver, would be affected owing to widespread damages to the production systems in and around the earthquake area. …
Persistent link: https://www.econbiz.de/10011244864
The January 2010 earthquake represented a major setback for Haiti, after several years of improved economic performance. Executive Directors commended the authorities for quickly restoring basic government functions and maintaining sound policies during the crisis. Directors welcomed the...
Persistent link: https://www.econbiz.de/10011242533
The Executive Board of the IMF has approved a disbursement of an amount equivalent to SDR 2.075 million under the Rapid Credit Facility for St. Vincent and the Grenadines to help the country manage the economic impact of Hurricane Tomas. The Board’s approval enables the immediate...
Persistent link: https://www.econbiz.de/10011243450
India’s real GDP growth slipped substantially after the North Atlantic financial crisis. Return to a sustained high … growth trajectory is feasible but it will need much more focused attention to the revival of manufacturing and to the … ahead will be more difficult in view of the protracted slowdown in global growth and trade. …
Persistent link: https://www.econbiz.de/10011242441
of the stimulus and its gradual withdrawal sowed seeds for inflationary and BoP pressures and growth slowdown, then …
Persistent link: https://www.econbiz.de/10011142116
significant amount of government financing provided by the central bank, the growth in monetary aggregates increased, contributing …. Reconstruction and a quick rebound in tourism should maintain growth momentum, but demand pressures and fuel price adjustments are …
Persistent link: https://www.econbiz.de/10005591186
This paper reviews the Maldives’s Use of IMF Resources and Request for Emergency Assistance. The authorities have requested a purchase of an amount equivalent to SDR 4.1 million (50 percent of quota) under the IMF’s policy on emergency assistance related to natural disasters. The...
Persistent link: https://www.econbiz.de/10005591376
line with IMF policy for Poverty Reduction and Growth Facility (PRGF)-eligible countries, they have also requested the … provision of subsidies to reduce the rate of charge to concessional terms. Reconstruction and rehabilitation will support growth …
Persistent link: https://www.econbiz.de/10005598820