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Insuring public finances against natural disasters : a survey of options and recent initiatives /
Natural disasters can put severe strain on public finances, in particular in developing and small countries. But catastrophe insurance markets increasingly offer opportunities for the transfer of such risks. Thus far, developing countries have only tepidly begun to tap these opportunities. More freq...
| Clasificación: | Libro Electrónico |
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| Autores principales: | , |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund, Policy Development and Review Dept.,
2006.
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| Colección: | IMF working paper ;
WP/06/199. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Natural disasters can put severe strain on public finances, in particular in developing and small countries. But catastrophe insurance markets increasingly offer opportunities for the transfer of such risks. Thus far, developing countries have only tepidly begun to tap these opportunities. More frequent and intensive use of insurance markets may be desirable because it could help introduce an important element of predictability in the post-disaster public finances of disaster-prone developing countries. Against this background, the paper surveys the various available insurance modalities and reviews recent initiatives in developing and emerging market countries. It also identifies some key challenges for the insurance community, donors, and international financial institutions (IFIs). |
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| Descripción Física: | 1 online resource (22 pages) : illustrations. |
| Bibliografía: | Includes bibliographical references (pages 21-22). |
| ISBN: | 1283514990 9781283514996 9781451992151 1451992157 1462310443 9781462310449 1452789495 9781452789491 9786613827449 6613827444 |
| ISSN: | 2227-8885 2227-8885 ; |