growth driver, would be affected owing to widespread damages to the production systems in and around the earthquake area. …

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 …

disaster-prone areas of the world, it has one of the lowest levels of insurance coverage. This paper examines the vulnerability …Natural disasters are an important source of vulnerability in the Caribbean region. Despite being one of the more …

disasters. The models estimated for a large sample of developing countries point to differentiated responses of specific types … climatic and geological disasters. The models suggest a nuanced role for foreign aid. While the responses of aid flows to … natural disaster shocks in general tend not to be statistically significant, international assistance to low income countries …

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 …

purchase in an amount of SDR 103.35 million under the IMF’s policy for emergency assistance related to natural disasters. In …

vulnerable, with the countries of the Eastern Caribbean standing out as among the most disaster-prone in the world. Natural …Each year natural disasters affect about 200 million people and cause about $50 billion in damage. This paper compares … the incidence of natural disasters across countries along several dimensions and finds that the relative costs tend to be …

The January 2010 earthquake represented a major setback for Haiti, after several years of improved economic performance …

for a small open economy with limited access to foreign capital and subject to natural disasters or terms of trade shocks …