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ex-ante preparedness is needed to manage the risks. The paper discusses sovereign experience with disaster insurance as a … key instrument to mitigate the risks; proposes ways to judge the adequacy of insurance; and considers ways to enhance its … use by vulnerable countries. The paper especially aims to inform policy decisions on disaster insurance. Through …
Persistent link: https://www.econbiz.de/10012170086
invest prudently and so reduce bank risk taking. This systemic insurance effect will be relatively more important when …
Persistent link: https://www.econbiz.de/10014394541
of Friedrich Nietzsche, that ties poverty and inequality to unethical behavior of the strong toward the weak. The paper … contributes to an understanding of why poverty and inequality have remained entrenched in some societies in spite of repeated …
Persistent link: https://www.econbiz.de/10014400240
Economic adjustment and reform programs, including those supported by international financial institutions (IFIs), must cope with informational asymmetries and special interest politics. This presents a particularly serious issue when IFIs make structural economic reforms a condition for...
Persistent link: https://www.econbiz.de/10014400737
new trade policy. In assessing these findings, it should be borne in mind that the links between trade reform and poverty …
Persistent link: https://www.econbiz.de/10014403610
may contribute to rising poverty during periods of high inflation …
Persistent link: https://www.econbiz.de/10014403651
This paper demonstrates that high and rising corruption increases income inequality and poverty by reducing economic … and poverty …
Persistent link: https://www.econbiz.de/10014403378
In designing policy measures, including possible social safety nets, targeted to the poor, it is important to fully understand the efficiency implications of these measures. There is abundant macroeconomic literature on their negative effects on the poor’s work effort. The literature, however,...
Persistent link: https://www.econbiz.de/10014396380
Persistent link: https://www.econbiz.de/10012392092
This paper discusses the evolution of the household debt in Australia and finds that while higher-income and higher … depending on the level of household debt. The results corroborate other work that households' response to monetary policy shocks …
Persistent link: https://www.econbiz.de/10012019787