Central America and the Caribbean is one of the most hazard-prone regions in the world. In addition, the region is heavily affected by poverty, unemployment, critical management of natural resources, and urban conglomeration in capital cities, especially in the Small Island Developing States,...

Central America and the Caribbean is one of the most hazard-prone regions in the world. In addition, the region is heavily affected by poverty, unemployment, critical management of natural resources, and urban conglomeration in capital cities, especially in the Small Island Developing States,...

In March 2015, a new international blueprint for disaster risk reduction (DRR) has been adopted in Sendai, Japan, at the end of the Third UN World Conference on Disaster Risk Reduction (WCDRR, March 14 - 18, 2015). We review and discuss the agreed commitments and targets, as well as the...

In March 2015, a new international blueprint for disaster risk reduction (DRR) has been adopted in Sendai, Japan, at the end of the Third UN World Conference on Disaster Risk Reduction (WCDRR, March 14 - 18, 2015). We review and discuss the agreed commitments and targets, as well as the...

Central America and the Caribbean is one of the most hazard-prone regions in the world. In addition, the region is heavily affected by poverty, unemployment, critical management of natural resources, and urban conglomeration in capital cities, especially in the Small Island Developing States,...

Poor countries are more heavily affected by extreme weather events and future climate change than rich countries. One of the reasons for this is the so-called adaptation deficit, that is, limits in the ability of poorer countries to adapt. This paper analyses the link between income and...

Singapore is vulnerable to both natural and man-made disasters alongside its remarkable economic growth. One of the most significant disasters is the Severe Acute Respiratory Syndrome (SARS) epidemic in 2003. The SARS outbreak was eventually contained through a series of risk mitigating measures...

The Pacific Islands face the highest disaster risk, in per capita terms, globally. Examples of catastrophic events in the region include the 2009 tsunami in Samoa, the 2014 floods in the Solomon Islands, and the 2015 cyclone Pam in Vanuatu. Even without these catastrophic events, countries in...

This paper studies the theoretical effects of changes in disaster risk on macroeconomic variables in five Latin American economies. It compares country-specific variants of the New Keynesian model with disaster risk developed by Isoré and Szczerbowicz (2017). Countries with higher price...

Asset pricing and climate policy are analyzed in a global economy where consumption goods are produced by both a green and a carbon-intensive sector. We allow for endogenous growth and three types of damages from global warming. It is shown that, initially, the desire to diversify assets...