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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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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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Bermuda; Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism
International Monetary Fund (IMF); International … - 2008
In the case of Bermuda, application of risk-based approaches seems particularly relevant not only to the insurance sector, but also to other types of financial and nonfinancial activities. The legal framework for investigation and prosecution of money laundering (ML) is well developed, and law...
Persistent link: https://www.econbiz.de/10011244500
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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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Haiti; Sixth Review Under the Extended Credit Facility, Request for Waiver of Performance Criterion, and Augmentation of Access: Staff Report; Staff Statements; Press Release on th...
International Monetary Fund (IMF); International … - 2010
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
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Sri Lanka; 2005 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2005
Sri Lanka’s 2005 Article IV Consultation reports that the fiscal deficit exceeded budget targets, and with a significant amount of government financing provided by the central bank, the growth in monetary aggregates increased, contributing to higher inflation. The near-term economic...
Persistent link: https://www.econbiz.de/10005591186
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Sri Lanka; Use of Fund Resources-Request for Emergency Assistance—Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion for Sri Lanka
International Monetary Fund (IMF); International … - 2005
This paper evaluates Sri Lanka’s Request for Emergency Assistance. The Sri Lankan authorities have requested a purchase in an amount of SDR 103.35 million under the IMF’s policy for emergency assistance related to natural disasters. In line with IMF policy for Poverty Reduction and...
Persistent link: https://www.econbiz.de/10005598820
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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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International Reserves and Self-Insurance Against External Shocks
Barnichon, Régis - International Monetary Fund (IMF) - 2008
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper develops an analytical...
Persistent link: https://www.econbiz.de/10010790295