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Social repercussions of pandemics
Barrett, Philip; Chen, Sophia - 2021
Epidemics may have social scarring effects, increasing the likelihood of social unrest. They may also have mitigating effect, suppressing unrest by dissuading social activities. Using a new monthly panel on social unrest in 130 countries, we find a positive cross-sectional relationship between...
Persistent link: https://www.econbiz.de/10012517929
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Operational resilience in digital payments : experiences and issues
Tanai Khiaonarong; Leinonen, Harry; Rizaldy, Ryan - 2021
natural disasters. International experiences suggest the need to strengthen reliability objectives, redundancies, assessment …
Persistent link: https://www.econbiz.de/10012795082
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Pooling fiscal risk in the ECCU : quantitative assessment of savings with a regional stabilization fund
Guerson, Alejandro - 2021
This paper quantifies the savings obtained from risk pooling with a Regional Stabilization Fund (RSF) for the Eastern Caribbean Currency Union. A Monte Carlo experiment is used to estimate the size of a RSF conditional on probabilities of depletion under specific saving-withdrawal rules. Results...
Persistent link: https://www.econbiz.de/10012605596
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Government insurance against natural disasters : an application to the ECCU
Guerson, Alejandro - 2020
This paper estimates insurance requirements against natural disasters (NDs) in the Eastern Caribbean Currency Union …
Persistent link: https://www.econbiz.de/10012485945
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Fiscal buffers for natural disasters in Pacific island countries
Nishizawa, Hidetaka; Roger, Scott; Zhang, Huan - 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 estimates the effects of severe natural disasters on fiscal revenues …
Persistent link: https://www.econbiz.de/10012102133
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South Africa : the financial sector-sovereign nexus
Hesse, Heiko; Miyajima, Ken - 2022
Globally, financial institutions have increased their holdings of domestic sovereign debt, tightening the linkage between the health of the financial system and the level of sovereign debt, or the "financial sector-sovereign nexus," during the ongoing COVID-19 pandemic. In South Africa, the...
Persistent link: https://www.econbiz.de/10013170007
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Fintech in Latin America and the Caribbean : stocktaking
Berkmen, P.; Beaton, Kimberly; Gershenson, Dmitriy; … - 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/10012009989
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Enhancing macroeconomic resilience to natural disasters and climate change in the small states of the Pacific
Cabezon, Ezequiel; Hunter, Leni; Tumbarello, Patrizia; … - 2015
Persistent link: https://www.econbiz.de/10011374745
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Sub-Saharan Africa : building resilience to climate-related disasters
Pondi, Eric M.; Seung Mo Choi; Mitra, Pritha - 2022
This paper assesses the impact of climate-related disasters on medium-term growth and analyzes key structural areas … that could substantially improve disaster-resilience. Results show that (i) climaterelated disasters have a significant … than its frequency, given the non-linear cumulative effects of disasters. In sub-Saharan Africa, electrification …
Persistent link: https://www.econbiz.de/10013170064
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Growth at risk from natural disasters
Bayoumi, Tamim A.; Quayyum, Saad Noor; Das, Sibabrata - 2021
Persistent link: https://www.econbiz.de/10012796736