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Bayoumi, Tamim A.; Quayyum, Saad Noor; Das, Sibabrata - 2021

Persistent link: https://www.econbiz.de/10012796736

Natural disasters : mitigating impact, managing risks

Laframboise, Nicole; Loko, Boileau - 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...

Persistent link: https://www.econbiz.de/10012671629

Quarterly projection model for the National Bank of Rwanda

Vlček, Jan; Pranovich, Mikhail; Hitayezu, Patrick; … - 2020

policies and aid flows …

Persistent link: https://www.econbiz.de/10012487178

Optimal fiscal spending and reserve accumulation policies under volatile aid

Moldovan, Ioana R.; Yang, Shu-Chun S.; Zanna, Luis-Felipe - 2019

to volatile foreign aid, in a small open economy model that incorporates typical features of low-income countries. Within … a class of policy rules, it jointly considers the optimal aid spending and international reserve accumulation policies … aid, while partially accumulating foreign exchange reserves to offset Dutch disease effects. Also, allocating relatively …

Persistent link: https://www.econbiz.de/10012102039

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/10012103680

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 negative impact on medium-term growth, especially for...

Persistent link: https://www.econbiz.de/10013170064

Optimal state contingent sovereign debt instruments

Guerson, Alejandro D. - 2021

Persistent link: https://www.econbiz.de/10012796774

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

Enhancing resilience to climate change in the Maldives

Melina, Giovanni; Santoro, Marika - 2021

The increased likelihood of adverse climate-change-related shocks calls for building resilient infrastructure in the Maldives. Fulfilling these infrastructure needs requires a comprehensive analysis of investment plans, including with respect to their degree of climate resilience, their impact...

Persistent link: https://www.econbiz.de/10012604776

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