We formalize the notion that GATT exceptions such as antidumping and escape clause actions can act as insurance for … sectors and assume incomplete markets so that agents cannot contract insurance. We show that these measures are superior to … uniform tariffs as insurance mechanisms. Moreover, we demonstrate that the optimal uniform policy may involve a tariff at all …

payments and financial literacy, as well as markets for health insurance, crop insurance, agricultural credit, small firm … finance, and microcredit/ microfinance. It goes on to discuss various empirical and institutional studies of these dimensions …

contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk … significant insurance beyond that implied by self-insurance. …

Belize's public finance to the occurrence of hurricanes and the potential impact of insurance instruments in reducing that … disaster-prone areas of the world, it has the lowest levels of insurance coverage. This paper examines the vulnerability of … vulnerability. The paper finds that catastrophic risk insurance significantly improves Belize's debt sustainability. In addition …

management) may depend on their access to capital markets. The property-casualty insurance industry has two features that make it …