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Growth at Risk from Natural Disasters
Bayoumi, Tamim; Quayyum, Saad; Das, Sibabrata - 2022
average. We find that countries that have in place disaster preparedness mechanisms and lower public debt have lower … probability of witnessing a significant drop in growth as a consequence of a natural disaster, but our innovative methodology in … this paper finds that the two policies are complements since their effectiveness vary across different disaster scenarios …
Persistent link: https://www.econbiz.de/10013306749
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Climate Disaster Risks - Empirics and a Multi-Phase Dynamic Model
Mittnik, Stefan - 2019
effects on the macroeconomy. Research on disaster risks has also actively been pursued in the macroeconomic models of climate … change. Our paper uses insights from the former work to study disaster risks in the macroeconomics of climate change and to … spell out policy needs. Empirically the link between carbon dioxide emission and the frequency of climate related disaster …
Persistent link: https://www.econbiz.de/10012865122
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Debt, Growth and Natural Disasters a Caribbean Trilogy
Acevedo Mejia, Sebastian - 2014
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...
Persistent link: https://www.econbiz.de/10013049168
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Government Insurance Against Natural Disasters : An Application to the ECCU
Guerson, Alejandro - 2021
are based on a Monte-Carlo experiment that simulates natural disaster shocks and their impact on output and government …
Persistent link: https://www.econbiz.de/10013250095
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Revisiting the Link between Trade, Growth and Inequality : Lessons for Latin America and the Caribbean
Beaton, Kimberly - 2017
We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America and the Caribbean. The paper combines two approaches: First, we employ a cross-country panel framework to analyze the macroeconomic effects of international trade on economic...
Persistent link: https://www.econbiz.de/10012957842
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Composition of Trade in Latin America and the Caribbean
Ding, Xiaodan - 2017
This study analyzes composition of goods trade in Latin America and the Caribbean (LAC) along four main dimensions: revealed comparative advantage, product complexity, sophistication, and diversification. After describing some key trade patterns over the last half century, it compares the...
Persistent link: https://www.econbiz.de/10012957853
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The Impact of Natural Resource Discoveries in Latin America and the Caribbean : A Closer Look at the Case of Bolivia
Toscani, Frederik - 2017
This paper studies the impact of natural resource extraction in Latin America and the Caribbean (LAC) from a number of angles. First, we exploit a novel dataset on the universe of giant oil and gas discoveries in the region to trace out the cyclical response of macroeconomic variables to...
Persistent link: https://www.econbiz.de/10012960578
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Fintech in Latin America and the Caribbean : Stocktaking
Berkmen, Pelin - 2019
In Latin America and the Caribbean (LAC), financial technology has been growing rapidly and is on the agenda of many policy makers. Fintech provides opportunities to deepen financial development, competition, innovation, and inclusion in the region but also creates new and only partially...
Persistent link: https://www.econbiz.de/10012871769
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Highways to Heaven : Infrastructure Determinants and Trends in Latin America and the Caribbean
Cerra, Valerie - 2016
Inadequate infrastructure has been widely viewed as a principal barrier to growth and development in Latin America and the Caribbean. This paper provides a comprehensive overview of infrastructure in the region and highlights key areas in which infrastructure networks can be enhanced. The public...
Persistent link: https://www.econbiz.de/10012977778
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Estimating the Effects of the Trans-Pacific Partnership (TPP) on Latin America and the Caribbean (LAC)
Cerdeiro, Diego - 2016
In February 2016, twelve Pacific Rim countries signed the agreement on the Trans Pacific Partnership (TPP), one of the largest and most comprehensive trade deals in history. While there are several estimates of the likely effects of the TPP, there is no systematic study on the effects on all...
Persistent link: https://www.econbiz.de/10012977870