Panit Wattanakoon; Wanissa Suanin - In: Thailand and the world economy 41 (2023) 3, pp. 22-39
The dangers posed by natural disasters are a source of concern for policymakers. Severe occurrences caused by the devastation may contribute to the economic collapse and increase in sovereign debt. A catastrophe bond (CAT bond) can be utilized to transfer catastrophe risk to the financial...