The Economic Impact Of Natural Disasters In Fiji
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The Economic Impact Of Natural Disasters In Fiji
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Author : Charlotte Benson
language : en
Publisher:
Release Date : 1997
The Economic Impact Of Natural Disasters In Fiji written by Charlotte Benson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Natural disasters categories.
Economic Impact Of Natural Disasters On Development In The Pacific Research Report
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Author : Emily McKenzie
language : en
Publisher:
Release Date : 2005
Economic Impact Of Natural Disasters On Development In The Pacific Research Report written by Emily McKenzie and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Economic development categories.
The Economic Impact Of Natural Disasters In Pacific Island Countries Adaptation And Preparedness
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Author : Dongyeol Lee
language : en
Publisher: International Monetary Fund
Release Date : 2018-05-10
The Economic Impact Of Natural Disasters In Pacific Island Countries Adaptation And Preparedness written by Dongyeol Lee and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-10 with Nature categories.
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 economic development. This paper identifies the intensity of natural disasters for each country in the Pacific based on the distribution of damage and population affected by disasters, and estimates the impact of disasters on economic growth and international trade using a panel regression. The results show that “severe” disasters have a significant and negative impact on economic growth and lead to a deterioration of the fiscal and trade balance. We also find that the negative impact on growth is stronger for more intense disasters. Going further this paper proposes a simple and consistent method to adjust IMF staff’s economic projections and debt sustainability analysis for disaster shocks for the Pacific islands. Better incorporating the economic impact of natural disasters in the medium- and long-term economic planning would help policy makers improve fiscal policy decisions and to be better adapted and prepared for natural disasters.
Economic Impact Of Natural Disasters On Development In The Pacific Economic Assessment Tools
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Author : Emily McKenzie
language : en
Publisher:
Release Date : 2005
Economic Impact Of Natural Disasters On Development In The Pacific Economic Assessment Tools written by Emily McKenzie and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Economic development categories.
The Economic Impact Of Natural Disasters In The Philippines
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Author : Charlotte Benson
language : en
Publisher:
Release Date : 1997
The Economic Impact Of Natural Disasters In The Philippines written by Charlotte Benson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Natural disasters categories.
The Economic Impacts Of Natural Disasters
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Author : Debarati Guha-Sapir
language : en
Publisher: Oxford University Press
Release Date : 2013-05-02
The Economic Impacts Of Natural Disasters written by Debarati Guha-Sapir and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-02 with Business & Economics categories.
Since the turn of the millennium, more than one million people have been killed and 2.3 billion others have been directly affected by natural disasters around the world. In cases like the 2010 Haiti earthquake or the 2004 Indian Ocean tsunami, these disasters have time and time again wrecked large populations and national infrastructures. While recognizing that improved rescue, evacuation, and disease control are crucial to reducing the effects of natural disasters, in the final analysis, poverty remains the main risk factor determining the long-term impact of natural hazards. Furthermore, natural disasters have themselves a tremendous impact on the poorest of the poor, who are often ill-prepared to deal with natural hazards and for whom a hurricane, an earthquake, or a drought can mean a permanent submersion in poverty. The Economic Impacts of Natural Disasters focuses on these concerns for poverty and vulnerability. Written by a collection of esteemed scholars in disaster management and sustainable development, the report provides an overview of the general trends in natural disasters and their effects by focusing on a critical analysis of different methodologies used to assess the economic impact of natural disasters. Economic Impacts presents six national case studies (Bangladesh, Vietnam, India, Nicaragua, Japan and the Netherlands) and shows how household surveys and country-level macroeconomic data can analyze and quantify the economic impact of disasters. The researchers within Economic Impacts have created path-breaking work and have opened new avenues for thinking and debate to push forward the frontiers of knowledge on economics of natural disasters.
Economic Costs Of The 2009 Floods In The Fiji Sugar Belt And Policy Implications
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Author : Padma Narsey Lal
language : en
Publisher: IUCN
Release Date : 2009
Economic Costs Of The 2009 Floods In The Fiji Sugar Belt And Policy Implications written by Padma Narsey Lal and has been published by IUCN this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Emergency management categories.
Enhancing Macroeconomic Resilience To Natural Disasters And Climate Change In The Small States Of The Pacific
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Author : Ezequiel Cabezon
language : en
Publisher: International Monetary Fund
Release Date : 2015-06-19
Enhancing Macroeconomic Resilience To Natural Disasters And Climate Change In The Small States Of The Pacific written by Ezequiel Cabezon and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-19 with Business & Economics categories.
Natural disasters and climate change are interrelated macro-critical issues affecting all Pacific small states to varying degrees. In addition to their devastating human costs, these events damage growth prospects and worsen countries’ fiscal positions. This is the first cross-country IMF study assessing the impact of natural disasters on growth in the Pacific islands as a group. A panel VAR analysis suggests that, for damage and losses equivalent to 1 percent of GDP, growth drops by 0.7 percentage point in the year of the disaster. We also find that, during 1980-2014, trend growth was 0.7 percentage point lower than it would have been without natural disasters. The paper also discusses a multi-pillar framework to enhance resilience to natural disasters at the national, regional, and multilateral levels and the importance of enhancing countries’ risk-management capacities. It highlights how this approach can provide a more strategic and less ad hoc framework for strengthening both ex ante and ex post resilience and what role the IMF can play.
Economic Impact Of Natural Disasters In The Philippines
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Author : Charlotte Benson
language : en
Publisher:
Release Date : 1997-06-01
Economic Impact Of Natural Disasters In The Philippines written by Charlotte Benson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-06-01 with categories.
A Possible Approach To Fiscal Rules In Small Islands Incorporating Natural Disasters And Climate Change
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Author : Ryota Nakatani
language : en
Publisher: International Monetary Fund
Release Date : 2019-09-06
A Possible Approach To Fiscal Rules In Small Islands Incorporating Natural Disasters And Climate Change written by Ryota Nakatani and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-06 with Business & Economics categories.
A big challenge for the economic development of small island countries is dealing with external shocks. The Pacific Islands are vulnerable to natural disasters, climate change, commodity price changes, and uncertain donor grants. The question that arises is how should small developing countries formulate a fiscal policy to achieve economic stability and fiscal sustainability when prone to various shocks? We study how natural disasters affect long-term debt dynamics and propose fiscal policy rules that could help insulate the economy from such unexpected shocks. We propose fiscal rules to address these shocks and uncertainties using the example of Papua New Guinea. Our study finds the advantages of expenditure rules, especially a recurrent expenditure rule based on non-resource and non-grant revenue, interdependently determined by government debt and budget balance targets with expected disaster shocks. This paper contributes to the literature and policy dialogue by theoretically analyzing the impact of natural disasters on debt sustainability and proposing fiscal rules against natural disasters and climate changes. Our fiscal policy framework is practically applicable for many developing countries facing increasing frequency and impact of natural disasters and climate change. Our rules-based fiscal framework is crucial for sustainable and countercyclical macroeconomic policies to build resilience against devastating natural hazards.