Building Resilience to Natural Disaster in Vulnerable States: Savings from Ex Ante Interventions
The finding underscores the importance of mobilising more resources to build resilient infrastructure against natural disaster and climate change.
Abstract
In chapter 9 titled 바카라 사이트淏uilding Resilience to Natural Disaster in Vulnerable States: Savings from Ex-Ante Interventions,바카라 사이트� the authors assess the trade-off in building resilient infrastructure against natural disasters between exante and ex-post approaches. The authors use dynamic and general equilibrium and empirical models and calibrate their structural model to six small countries that are highly vulnerable to natural disasters. The results suggest that policy makers can save in net present value terms by investing in ex-ante resilience and avoiding large recovery costs. In addition, increasing the elasticity of output to infrastructure by improving governance would also leads to sizable output gains from the baseline. The finding underscores the importance of mobilising more resources to build resilient infrastructure against natural disaster and climate change.
This work is part of the 바카라 사이트楳acroeconomics in Low-income countries바카라 사이트� programme
Citation
Guo, W. (2020). 바카라 사이트淐hapter 9 Building Resilience to Natural Disaster in Vulnerable States: Savings from Ex Ante Interventions바카라 사이트�. In Well Spent. USA: International Monetary Fund. Retrieved Aug 9, 2022, from https://www.elibrary.imf.org/view/book/9781513511818/ch009.xml