plains), this paper shows that rapid development in these areas -- and the resulting increase in disaster losses -- may be … the consequence of a rational and well-informed trade-off between lower disaster losses and higher productivity. With … disasters possibly becoming less frequent but increasingly destructive in the future, average disaster losses may grow faster …

capital markets. Catastrophe lending facilities providing "cheap" reconstruction funds in the aftermath of a natural disaster …

-effective financing for the different phases that follow a disaster. The paper explains why governments are usually better served by … retaining most of their natural disaster risk while using risk transfer mechanisms to manage the excess volatility of their … budgets or access immediate liquidity after a disaster. Finally, it discusses innovative approaches to disaster risk financing …

illustrated to create natural disaster and hazard maps from first hand, geo-referenced meteorological data. In a second step, the … the natural disaster measures derived in the first phase, to estimate the welfare effects associated with natural … differentiation in the welfare effects across space and disaster appears partly linked to the functioning of the disaster relief …