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The study provides an assessment of the disaster risk financing mechanisms in the Philippines. It looks at the sources … and levels of disaster financing specifically for recovery and reconstruction. It also looks at the adequacy and execution … of the current disaster risk finance and insurance mechanisms. Case studies are presented showcasing detailed analysis at …
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We propose a theoretical framework to reconcile episodes of V-shaped and L-shaped recovery, en- compassing the behaviour of the U.S. economy before and after the Great Recession. In a DSGE model with endogenous growth, negative demand shocks destroy productive capacity, moving GDP to a lower...
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We propose a theoretical framework to reconcile episodes of V-shaped and L-shaped recovery, encompassing the behaviour of the U.S. economy before and after the Great Recession. In a DSGE model with endogenous growth, negative demand shocks destroy productive capacity, moving GDP to a lower...
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