Natural disasters are an important source of vulnerability in the Caribbean region. Despite being one of the more …

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 … disasters are found to have had a discernible macroeconomic impact, including large effects on fiscal and external balances …

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

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 … lending and equity) do not attenuate the effects of disasters and in some specifications, even amplify the negative economic …

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 …

been mostly procyclical in the region, while disasters have been heavily ""insured"" by foreign transfers. The ""when it …

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

Cover; Contents; List of Acronyms; Executive Summary; I. Introduction; II. Macroeconomic Impact of Natural Disasters; A …. Incidence and Trends; Figures; 1. Number of Natural Disasters, Worldwide; 2. Total People Affected by Natural Disasters …, Worldwide; B. Damages, Costs, and Long-Term Welfare Losses; 3. Number of Natural Disasters; 4. Average Number of People Affected …