growing number of natural disasters. Using the case of Germany as an example, the paper demonstrates that the obstacles facing … ; Europe ; Germany …

-called 'charity hazard' - in a context of different institutional schemes of governmental relief in Austria and Germany. We test … scheme promising full relief which is subject to ad hoc political decision making (as in Germany). Our general finding is …

ex-ante preparedness is needed to manage the risks. The paper discusses sovereign experience with disaster insurance as a … use by vulnerable countries. The paper especially aims to inform policy decisions on disaster insurance. Through …