This paper reviews the literature on the macroeconomic impact of natural disasters and presents the IMF's role in … identifying the risks and probability of natural disasters and integrating them more explicitly into macro frame-works, increasing …

Natural disasters are a source of economic risks in many countries, especially in smaller and lower-income states, and … simulations of natural disasters and various insurance options, we find that sovereign decisions on optimal risk transfer involve … are also the packages that insure less severe (more frequent) disasters …

Resilience to climate change and natural disasters hinges on two fundamental elements: financial protection -insurance … disasters and studies the conditions under which each of the two strategies provides the best protection. While structural … protection normally delivers a larger payoff because of its direct dampening effect on the cost of disasters, financial …

Weather-related natural disasters and climate change pose interrelated macro-fiscal challenges. Using panel … the dynamic adjustment path of growth and key fiscal variables after severe weather-related disasters. It does not only …

We present a dynamic small open economy model to explore the macroeconomic impact ofnatural disasters. In addition to …

Recent research in financial economics has shown that rare large disasters have the potential to disrupt financial … explore this causal nexus and the effects of rare large disasters resulting in capital losses and rising risk premia. Our …

Islands are vulnerable to natural disasters, climate change, commodity price changes, and uncertain donor grants. The question … sustainability when prone to various shocks? We study how natural disasters affect long-term debt dynamics and propose fiscal policy … the impact of natural disasters on debt sustainability and proposing fiscal rules against natural disasters and climate …

This paper seeks to determine the effects that natural disasters have on per capita GDP and on the debt to GDP ratio in … the Caribbean. Two types of natural disasters are studied –storms and floods– given their prevalence in the region, while … considering the effects of both moderate and severe disasters. I use a vector autoregressive model with exogenous natural …

Natural disasters and climate change are interrelated macro-critical issues affecting all Pacific small states to …' fiscal positions. This is the first cross-country IMF study assessing the impact of natural disasters on growth in the ….7 percentage point lower than it would have been without natural disasters. The paper also discusses a multi-pillar framework to …

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 … disasters …