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Dealing with Increased Risk of Natural Disasters; Challenges and Options
Keen, Michael; Freeman, Paul K.; Mani, Muthukumara - International Monetary Fund (IMF) - 2003
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
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Maldives; Use of Fund Resources-Request for Emergency Assistance—Staff Report, Press Release on the Executive Board Discussion; and Statement by the Executive Director for Maldiv...
International Monetary Fund (IMF); International … - 2005
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
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Debt Sustainability Under Catastrophic Risk; The Case for Government Budget Insurance
Cavallo, Eduardo A.; Borensztein, Eduardo; Valenzuela, … - International Monetary Fund (IMF) - 2008
disaster-prone areas of the world, it has one of the lowest levels of insurance coverage. This paper examines the vulnerability …
Persistent link: https://www.econbiz.de/10005599214
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Macroeconomic Implications of Natural Disasters in the Caribbean
Rasmussen, Tobias N. - International Monetary Fund (IMF) - 2004
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
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Credit Growth in Sub-Saharan Africa; Sources, Risks, and Policy Responses
Khamis, May Y.; Iossifov, Plamen - International Monetary Fund (IMF) - 2009
In this paper, we analyze credit growth in Sub-Saharan Africa over the past decade focusing on the post-2002 rapid credit growth in select countries. We develop regression models of the fundamental determinants of bank credit and use them to examine whether they can fully explain developments in...
Persistent link: https://www.econbiz.de/10008528619
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Cambodia; 2009 Article IV Consultation-Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director
International Monetary Fund (IMF); International … - 2009
This 2009 Article IV Consultation underlies that following a decade of high economic growth and significant poverty reduction, Cambodia’s economy has been hard hit by the global crisis. Real GDP is contracting as key sectors falter—export and tourism receipts have fallen off...
Persistent link: https://www.econbiz.de/10011243812
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Uruguay; Selected Issues
International Monetary Fund (IMF); International … - 2006
This report includes five background studies with emphasis on vulnerabilities and growth, the focus of the 2006 Article IV Consultation with Uruguay. Stocks of key financial balance sheet vulnerabilities are also discussed. With the appreciation of the peso since early 2004, the discussion on...
Persistent link: https://www.econbiz.de/10011243482
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Haiti; Joint Staff Advisory Note of the Annual Progress Report on Implementation of the Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2009
Falling international prices have helped lower Haiti’s inflation, but base money growth has continued to be higher than targeted in the program. The paper discusses Haiti’s Annual Progress Report on Implementation of the Poverty Reduction Strategy Paper. In the area of economic...
Persistent link: https://www.econbiz.de/10011245200
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Samoa; Request for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by t...
International Monetary Fund (IMF); International … - 2010
This paper discusses a request from Samoa's authorities for a Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility (ESF-RAC). The tsunami that hit Samoa on September 29, 2009 has undercut Samoa’s economic resilience and prospects for a quick recovery from the...
Persistent link: https://www.econbiz.de/10011243288
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Systemic Risks in Global Banking; What Available Data Can Tell Us and What More Data Are Needed?
Cerutti, Eugenio; McGuire, Patrick M.; Claessens, Stijn - International Monetary Fund (IMF) - 2011
The recent financial crisis has shown how interconnected the financial world has become. Shocks in one location or asset class can have a sizable impact on the stability of institutions and markets around the world. But systemic risk analysis is severely hampered by the lack of consistent data...
Persistent link: https://www.econbiz.de/10009327867