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Debt, Growth and Natural Disasters a Caribbean Trilogy

Acevedo Mejia, Sebastian - 2014

This paper seeks to determine the effects that natural disasters have on per capita GDP and on the debt to GDP ratio in the Caribbean. Two types of natural disasters are studied –storms and floods– given their prevalence in the region, while considering the effects of both moderate and...

Persistent link: https://www.econbiz.de/10013049168

Growth at Risk from Natural Disasters

Bayoumi, Tamim A.; Quayyum, Saad; Das, Sibabrata - 2022

average. We find that countries that have in place disaster preparedness mechanisms and lower public debt have lower … probability of witnessing a significant drop in growth as a consequence of a natural disaster, but our innovative methodology in … this paper finds that the two policies are complements since their effectiveness vary across different disaster scenarios …

Persistent link: https://www.econbiz.de/10013306749

The Macroeconomic Returns of Investment in Resilience to Natural Disasters Under Climate Change : A DSGE Approach

Corugedo, Emilio Fernández; Gonzalez Gomez, Andres; … - 2023

This paper presents a Markov switching dynamic stochastic general equilibrium model designed to evaluate the macroeconomic return of adaptation investment to natural disasters (NDs) and the impact of climate change. While the model follows the existing literature in assuming that NDs destroy a...

Persistent link: https://www.econbiz.de/10014353544

How Do Climate Shocks Affect the Impact of FDI, ODA and Remittances on Economic Growth?

Drabo, Alassane - 2022

The three main financial inflows to developing countries have largely increased during the last two decades, despite the large debate in the literature regarding their effects on economic growth which is not yet clear-cut. An emerging literature investigates the dependence of their effects on...

Persistent link: https://www.econbiz.de/10013306770

The Finance and Growth Nexus Re-Examined : Do All Countries Benefit Equally?

Barajas, Adolfo - 2013

throughout the world. This paper contributes to the literature by investigating whether this impact differs across regions …

Persistent link: https://www.econbiz.de/10013080451

Eye of the Storm : The Impact of Climate Shocks on Inflation and Growth

Cevik, Serhan; Jalles, João Tovar - 2023

What is the impact of climate change on inflation and growth dynamics? This is not a simple question to answer as climate shocks tend to be ubiquitous, but with opposing effects simultaneously on demand and supply. The extent of which climate-related shocks affect inflation and economic growth...

Persistent link: https://www.econbiz.de/10014354589

The Economic Impact of Natural Disasters in Pacific Island Countries : Adaptation and Preparedness

Lee, Dongyeol - 2018

for disaster shocks for the Pacific islands. Better incorporating the economic impact of natural disasters in the medium …

Persistent link: https://www.econbiz.de/10012913925

Natural Disasters : Mitigating Impact, Managing Risks

Laframboise, N. - 2012

experience suggests there are ways to strengthen policy frameworks to increase resilience to natural disaster shocks, including …

Persistent link: https://www.econbiz.de/10013098564

Natural Disasters and Scarring Effects

Lian, Weicheng; Moran, Jose Ramon; Vishvesh, Raadhika - 2022

This paper uses a novel empirical approach, following the literature on hysteresis, to explore medium-term scarring of natural disasters for countries vulnerable to climate change. By quantifying the dynamic effects of natural disasters on real GDP per capita for a large number of episodes using...

Persistent link: https://www.econbiz.de/10014264532

A Possible Approach to Fiscal Rules in Small Islands - Incorporating Natural Disasters and Climate Change

Nakatani, Ryota - 2019

targets with expected disaster shocks. This paper contributes to the literature and policy dialogue by theoretically analyzing …

Persistent link: https://www.econbiz.de/10012860997