Showing 1 - 10 of 817
of assets subject to a baseline level of disaster risk. While cat risk models are used extensively by the insurance and … damages in influencing total disaster costs, and issues related to generalizing disaster response functions across different … domains. The paper ends by noting the large discrepancy between the current state of the literature on disaster impacts on …
Persistent link: https://www.econbiz.de/10012971464
People living in poverty are particularly vulnerable to shocks, including those caused by natural disasters such as floods and droughts. Previous studies in local contexts have shown that poor people are also often overrepresented in hazard-prone areas. However, systematic evidence across...
Persistent link: https://www.econbiz.de/10012970674
Weather risk and incomplete insurance markets are significant contributors to poverty for rural households in developing countries. Weather index insurance has emerged as a possible tool for overcoming these challenges. This paper provides evidence on the impact of weather index insurance from a...
Persistent link: https://www.econbiz.de/10012968741
the introduction of disaster funds, that is, ex-ante budgeting allocations for post-disaster reconstruction. So far the … implementation of disaster funds has been limited, in part because it is still unclear whether disaster funds provide a cost … reconstruction funds in Mexico, this paper provides some of the first estimates of the impact of disaster funds on local economic …
Persistent link: https://www.econbiz.de/10012968742
This paper aims to assist policy makers interested in establishing or strengthening financial strategies to increase the financial response capacity of developing country governments in the aftermath of natural disasters, while protecting their long-term fiscal balance. Contingent credit is...
Persistent link: https://www.econbiz.de/10012975932
This paper proposes a framework for ex ante evaluation of sovereign disaster risk finance instruments available to … governments for funding disaster losses. The framework can be used by governments to help choose between different financial … disaster losses, taking into account the risk of disasters, economic conditions, and political constraints. The paper discusses …
Persistent link: https://www.econbiz.de/10012968732
help resolve these commitment problems. Using a simple model of disaster risk finance is used to identify three distinct … illustrates how these commitment problems play out using examples from around the world, and demonstrates where risk transfer …
Persistent link: https://www.econbiz.de/10012968735
development prospects of affected regions. As such, climate change reinforces the development case for investment in disaster risk … complicates disaster risk management investment decisions, the analysis presented here shows that these considerations are only … for disaster risk management investment decisions. Accounting for climate uncertainty is likely to shift the optimal …
Persistent link: https://www.econbiz.de/10012969536
-taker smaller firms. A regulation trade-off between market efficiency and resilience is identified and quantified: improving the …
Persistent link: https://www.econbiz.de/10012975750
Rainfall index insurance provides a payout based on measured local rainfall during key phases of the agricultural season, and in principle can help rural households diversify a key source of idiosyncratic risk. This paper describes basic features of rainfall insurance contracts offered in India...
Persistent link: https://www.econbiz.de/10012976324