Verfügbarkeit: Debt Sustainability Under Catastrophic Risk

Debt Sustainability Under Catastrophic Risk: The Case for Government Budget Insurance

Natural disasters are an important source of vulnerability in the Caribbean region. Despite being one of the more disaster-prone areas of the world, it has one of the lowest levels of insurance coverage. This paper examines the vulnerability of Belize''s public finance to the occurrence of...

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1. Verfasser:	Cavallo, Eduardo A. (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2008
Schriftenreihe:	IMF Working Papers Working Paper No. 08/44
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	Natural disasters are an important source of vulnerability in the Caribbean region. Despite being one of the more disaster-prone areas of the world, it has one of the lowest levels of insurance coverage. This paper examines the vulnerability of Belize''s public finance to the occurrence of hurricanes and the potential impact of insurance instruments in reducing that vulnerability. The paper finds that catastrophic risk insurance significantly improves Belize''s debt sustainability. In addition, the methodology employed makes it possible to estimate the appropriate level of insurance, which for the case of Belize is a maximum coverage of US$120 million per year
Beschreibung:	1 Online-Ressource (26 p)
ISBN:	1451869061 9781451869064

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spelling	Cavallo, Eduardo A. Verfasser aut Debt Sustainability Under Catastrophic Risk The Case for Government Budget Insurance Cavallo, Eduardo A Washington, D.C International Monetary Fund 2008 1 Online-Ressource (26 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 08/44 Natural disasters are an important source of vulnerability in the Caribbean region. Despite being one of the more disaster-prone areas of the world, it has one of the lowest levels of insurance coverage. This paper examines the vulnerability of Belize''s public finance to the occurrence of hurricanes and the potential impact of insurance instruments in reducing that vulnerability. The paper finds that catastrophic risk insurance significantly improves Belize''s debt sustainability. In addition, the methodology employed makes it possible to estimate the appropriate level of insurance, which for the case of Belize is a maximum coverage of US$120 million per year Online-Ausg Borensztein, Eduardo Sonstige oth Valenzuela, Patricio Sonstige oth http://elibrary.imf.org/view/IMF001/09056-9781451869064/09056-9781451869064/09056-9781451869064.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Cavallo, Eduardo A. Debt Sustainability Under Catastrophic Risk The Case for Government Budget Insurance
title	Debt Sustainability Under Catastrophic Risk The Case for Government Budget Insurance
title_auth	Debt Sustainability Under Catastrophic Risk The Case for Government Budget Insurance
title_exact_search	Debt Sustainability Under Catastrophic Risk The Case for Government Budget Insurance
title_exact_search_txtP	Debt Sustainability Under Catastrophic Risk The Case for Government Budget Insurance
title_full	Debt Sustainability Under Catastrophic Risk The Case for Government Budget Insurance Cavallo, Eduardo A
title_fullStr	Debt Sustainability Under Catastrophic Risk The Case for Government Budget Insurance Cavallo, Eduardo A
title_full_unstemmed	Debt Sustainability Under Catastrophic Risk The Case for Government Budget Insurance Cavallo, Eduardo A
title_short	Debt Sustainability Under Catastrophic Risk
title_sort	debt sustainability under catastrophic risk the case for government budget insurance
title_sub	The Case for Government Budget Insurance
url	http://elibrary.imf.org/view/IMF001/09056-9781451869064/09056-9781451869064/09056-9781451869064.xml
work_keys_str_mv	AT cavalloeduardoa debtsustainabilityundercatastrophicriskthecaseforgovernmentbudgetinsurance AT borenszteineduardo debtsustainabilityundercatastrophicriskthecaseforgovernmentbudgetinsurance AT valenzuelapatricio debtsustainabilityundercatastrophicriskthecaseforgovernmentbudgetinsurance

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