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This paper uses simple regression techniques to make an initial assessment of the monetary damages caused by the January 12, 2010 earthquake that struck Haiti. Damages are estimated for a disaster with both 200,000 and 250,000 total dead and missing (i.e., the range of mortality that the...
Persistent link: https://www.econbiz.de/10010247138
This paper uses simple regression techniques to make an initial assessment of the monetary damages caused by the January 12, 2010 earthquake that struck Haiti. Damages are estimated for a disaster with both 200,000 and 250,000 total dead and missing (i. e. , the range of mortality that the...
Persistent link: https://www.econbiz.de/10013093553
Although financial development is good for long-term growth, not all countries pursue policies that render full financial development. This paper builds on an extensive political economy literature to construct a theoretical model showing that the intensity of opposition to financial development...
Persistent link: https://www.econbiz.de/10010328179
We describe the flows of aid after large catastrophic natural disasters by using the extensive record of bilateral aid flows, by aid sector, available through the OECD’s Development Assistance Committee. For each large donor, we identify the extent of cross-sector re-allocation that is...
Persistent link: https://www.econbiz.de/10010860334
Although financial development is good for long-term growth, not all countries pursue policies that render full financial development. This paper builds on an extensive political economy literature to construct a theoretical model showing that the intensity of opposition to financial development...
Persistent link: https://www.econbiz.de/10008677812
We examine Official Development Assistance (ODA) in the aftermath of large natural disasters in developing countries between 1970 and 2008. We find that while ODA increases significantly compared to pre-disaster flows, the typical surges are small in relation to the size of the affected...
Persistent link: https://www.econbiz.de/10008685104
Financial development is good for long term growth. So why doesn't every country pursue policies that render full financial development? In this paper, building on a profuse political economy literature, we build a theoretical model that shows that the intensity of opposition by incumbents...
Persistent link: https://www.econbiz.de/10013133255
This paper examines Official Development Assistance (ODA) in the aftermath of large natural disasters between 1970 and 2008. Using an event-study approach, the paper finds that while the median increase in ODA is 18 percent compared to pre-disaster flows, the typical surge is small in relation...
Persistent link: https://www.econbiz.de/10013087892
Persistent link: https://www.econbiz.de/10009306011
Persistent link: https://www.econbiz.de/10010211478