European Parliament Library

Natural Disasters :, Mitigating Impact, Managing Risks, Nicole Laframboise, Boileau Loko

This paper reviews the literature on the macroeconomic impact of natural disasters and presents the IMF’s role in assisting countries coping with natural catastrophes. Focusing on seven country cases, the paper describes the emergency financing, policy support, and technical assistance provided by the Fund to help governments put together a policy response or build a macro framework to lay the foundation for recovery and/or unlock other external financing. The literature and experience suggests there are ways to strengthen policy frameworks to increase resilience to natural disaster shocks, including identifying the risks and probability of natural disasters and integrating them more explicitly into macro frame-works, increasing flexibility within fiscal frameworks, and improving coordination amongst international partners ex post and ex ante
Table Of Contents
B. New IMF FacilitiesIV. IMF Policy Support and Risk Management Options; A. Post-Catastrophe Policy Advice: Case Studies; B. Policies for Strengthening Resilience to Disasters; V. Concluding Remarks; Boxes; 1. Box 1: IMF Financing Facilities in 2012; Appendixes; I. Real GDP Growth and Central Government Fiscal Balance; II. Case Studies, Policy Response; References
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (33 p.)
Specific Material Designation
Form Of Item

Library Locations

  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR