Showing 1 - 5 of 5
Resilience to climate change and natural disasters hinges on two fundamental elements: financial protection -insurance and self-insurance- and structural protection -investment in adaptation. Using a dynamic general equilibrium model calibrated to the St. Lucia's economy, this paper shows that...
Persistent link: https://www.econbiz.de/10012009573
While trade integration has been an engine of global growth and prosperity, as suggested by theory, some sectors have been negatively affected by increased import competition. We test if this negative effect is significant in a context of high intranational migration, as theory indicates that...
Persistent link: https://www.econbiz.de/10011716686
poverty and inequality. We find that the epidemic lowers average income and increases poverty, and that the jump in poverty is … larger than expected from the fall in average income. This disproportionate increase in poverty reflects the large share of … the population living on the threshold of poverty and the higher HIV prevalence rates in those segments of the population …
Persistent link: https://www.econbiz.de/10014400407
We measure the impact of frequent exogeneous shocks on small ECCU economies, including changes to global economic activity, tourism flows, oil prices, passport sales, FDI, and natural disasters. Using Canonical-Correlation Analysis (CCA) and dynamic panel regression analysis we find significant...
Persistent link: https://www.econbiz.de/10012796822
it would be without increased foreign aid. Moreover, the higher growth would help Niger to cut the incidence of poverty … by 25 percent by 2015, although the country will still be unable to reach the Millennium Development Goal of poverty …
Persistent link: https://www.econbiz.de/10014403185