Series: IMF Working Papers
Author(s): Hidetaka Nishizawa , Scott Roger , and Huan Zhang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 July 2019
Keywords: Access to foreign markets, Accounting, Accounting standards, Agriculture, Aid flows, Balance of payments, Bank deposits, Bank financing, Banks, Bonds
Pacific island countries (PICs) are vulnerable severe natural disasters, especially cyclones, inflicting large losses on their economies. In the aftermath of disasters, PIC governments face revenue losses and spend...