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Natural Disasters and Food Crises in Low-Income Countries : Macroeconomic Dimensions

Adedeji, Olumuyiwa S. - 2016

The exposure of low-income countries to natural disasters has a significant impact on food production and food security. This paper provides a framework for assessing a country's vulnerability to food crisis in the event of natural disasters. The paper finds that macroeconomic and structural...

Persistent link: https://www.econbiz.de/10012993722

How Do International Financial Flows to Developing Countries Respond to Natural Disasters?

David, Antonio C. - 2011

This paper uses multivariate dynamic panel analysis to examine the response of international financial flows to natural disasters. The models estimated for a large sample of developing countries point to differentiated responses of specific types of financial flows. The results show that...

Persistent link: https://www.econbiz.de/10014178702

Natural Disasters : Mitigating Impact, Managing Risks

Laframboise, N. - 2012

This paper reviews the literature on the macroeconomic impact of natural disasters and presents the IMF's role in assisting countries coping with natural catastrophes. Focusing on seven country cases, the paper describes the emergency financing, policy support, and technical assistance provided...

Persistent link: https://www.econbiz.de/10013098564

A Possible Approach to Fiscal Rules in Small Islands - Incorporating Natural Disasters and Climate Change

Nakatani, Ryota - 2019

A big challenge for the economic development of small island countries is dealing with external shocks. The Pacific Islands are vulnerable to natural disasters, climate change, commodity price changes, and uncertain donor grants. The question that arises is how should small developing countries...

Persistent link: https://www.econbiz.de/10012860997

Fiscal Buffers for Natural Disasters in Pacific Island Countries

Nishizawa, Hidetaka - 2019

Pacific island countries (PICs) are vulnerable severe natural disasters, especially cyclones, inflicting large losses on their economies. In the aftermath of disasters, PIC governments face revenue losses and spending pressures to address post-disaster relief and recovery efforts. This paper...

Persistent link: https://www.econbiz.de/10012864115

Climate Disaster Risks - Empirics and a Multi-Phase Dynamic Model

Mittnik, Stefan - 2019

Recent research in financial economics has shown that rare large disasters have the potential to disrupt financial sectors via the destruction of capital stocks and jumps in risk premia. These disruptions often entail negative feedback effects on the macroeconomy. Research on disaster risks has...

Persistent link: https://www.econbiz.de/10012865122

Sub-Saharan Africa : Building Resilience to Climate-Related Disasters

Pondi, Eric M.; Seung Mo Choi; Mitra, Pritha - 2022

outcomes are critical for raising resilience to floods and storms. Better access to finance, telecommunications, and use of …

Persistent link: https://www.econbiz.de/10013295006

Debt, Growth and Natural Disasters a Caribbean Trilogy

Acevedo Mejia, Sebastian - 2014

the Caribbean. Two types of natural disasters are studied –storms and floods– given their prevalence in the region, while … disasters shocks, in a panel of 12 Caribbean countries over a period of 40 years. The results show that both storms and floods … have a negative effect on growth, and that debt increases with floods but not with storms. However, in a subsample I find …

Persistent link: https://www.econbiz.de/10013049168

Enhancing Macroeconomic Resilience to Natural Disasters and Climate Change in the Small States of the Pacific

Cabezon, Ezequiel R. - 2015

Natural disasters and climate change are interrelated macro-critical issues affecting all Pacific small states to varying degrees. In addition to their devastating human costs, these events damage growth prospects and worsen countries' fiscal positions. This is the first cross-country IMF study...

Persistent link: https://www.econbiz.de/10013019987

Government Insurance Against Natural Disasters : An Application to the ECCU

Guerson, Alejandro - 2021

This paper estimates insurance requirements against natural disasters (NDs) in the Eastern Caribbean Currency Union (ECCU) using an insurance layering framework. The layers include a government saving fund, as well as market instruments. Each layer is calibrated to cover estimated fiscal cost of...

Persistent link: https://www.econbiz.de/10013250095