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recurrent phenomenon in India. Disaster Risks are also increasing due to development processes exposing a larger number of … like insurance form a critical part of a comprehensive disaster management strategy. National Disaster Management Authority … comprehensive financial resilience strategy as an integral part of disaster management in the Indian context. It highlights existing …
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This study theoretically examines under what circumstances economic cycles advance or deter corporate defaults. We find that an ongoing catastrophe dominates other macroeconomic conditions and forces corporate failures. In contrast, when a catastrophe is unlikely, a constant economy permits...
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