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Fiscal Resilience to Natural Disasters Lessons from Country Experiences

Natural disasters continue to cause widespread damage and losses, with fast growing economies particularly exposed. Governments often shoulder a significant share of the costs of disaster recovery and reconstruction. This is true in OECD countries and even more so in developing economies, where priv...

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Bibliographic Details
Corporate Authors: Organisation for Economic Co-operation and Development, The World Bank
Format: eBook
Language:English
Published: Paris OECD Publishing 2019
Subjects:
Governance
Environment
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
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245 0 0 |a Fiscal Resilience to Natural Disasters  |h Elektronische Ressource  |b Lessons from Country Experiences  |c Organisation for Economic Co-operation and Development and The World Bank 
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505 0 |a Peru -- Australia -- Mitigating disaster-related contingent liabilities and financing residual risks: Policy lessons -- Acronyms and abbreviations -- Colombia -- Understanding the economic and fiscal impacts of disasters -- Mexico -- Executive Summary -- Foreword -- Japan -- Introduction -- Costa Rica -- France -- Canada -- New Zealand -- Boosting financial resilience against disasters: Towards better management of disaster-related contingent liabilities 
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520 |a Natural disasters continue to cause widespread damage and losses, with fast growing economies particularly exposed. Governments often shoulder a significant share of the costs of disaster recovery and reconstruction. This is true in OECD countries and even more so in developing economies, where private insurance markets are not as well developed. The fiscal impact of disasters on a government's budget can be sizeable. Expenditures for the government arise from both explicit and implicit commitments to compensate for disaster losses. This report presents the results of a study that compares country practices in the management of the financial implications of disasters on government finances for a set of OECD member and partner countries particularly exposed to natural hazards 

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