Front Matter
Author:
Mr. Tobias N. Rasmussen
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Western Hemisphere Department

Authorized for distribution by David O. Robinson

Contents

  • I. Introduction

  • II. The Incidence of Natural Disasters

  • III. The Macroeconomic Implications of Natural Disasters

    • A. Short- and Medium-Term Impact

    • B. Long-Term Effects

  • IV. Mitigating Disasters

    • A. Coping With Risk: The Role of Insurance and Capital Markets

    • B. Domestic Public Policy to Reduce Risk and Lessen the Impact

    • C. International Assistance and Cooperation

  • V. Summary of Findings

  • References

  • Tables

    • Table 1. Frequency and Impact of Natural Disasters, 1970–2002

    • Table 2. Determinants of Vulnerability to Natural Disaster, 1970–2002

    • Table 3. Natural Disasters in ECCU Countries, 1970–2002

    • Table 4. Worldwide Incidence of Natural Disasters, 1970–2002

    • Table 5. Correlations Between Measures of Proneness to Natural Disasters and Selected Macroeconomic Variables, 1970–2002

    • Table 6. Volatility in Income and Consumption, 1970–2002

  • Figures

    • Figure 1. Global Frequency and Impact of Natural Disasters, 1970–2002

    • Figure 2. Cross-Country Frequency and Impact of Natural Disasters, 1970–2002

    • Figure 3. Median Impact of 12 Large Natural Disasters in the ECCU, 1970–2002

  • Boxes

    • Box 1. Review of Literature on Macroeconomic Implications of Natural Disasters

    • Box 2. New Instruments for Dealing with Natural Hazard Risk

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Macroeconomic Implications of Natural Disasters in the Caribbean
Author:
Mr. Tobias N. Rasmussen