Pacific island countries are highly vulnerable to various natural disasters which are destructive, unpredictable and occur frequently. The frequency and scale of these shocks heightens the importance of medium-term economic and fiscal planning to minimize the adverse impact of disasters on...

This paper takes two different approaches to assess the sustainability of household debt in Korea. First, we identify marginal households whose debts are excessive and whose financial soundness is weak, and examine how much these household groups would grow should external shocks occur. This...

Pacific island countries are highly vulnerable to various natural disasters which are destructive, unpredictable and occur frequently. The frequency and scale of these shocks heightens the importance of medium-term economic and fiscal planning to minimize the adverse impact of disasters on...