Sovereign Natural Disaster Insurance For Developing Countries : A Paradigm Shift In Catastrophe Risk Financing / Ghesquiere, Francis

Economic theory suggests that countries should ignore uncertainty for public investment and behave as if indifferent to risk because they can pool risks to a much greater extent than private investors can. This paper discusses the general economic theory in the case of developing countries. The anal...

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Bibliographic Details
Main Authors:Ghesquiere, Francis
Other Authors:Mahul, Olivier
Format: Online-Resource
Language:English
Published:Washington, D.C : The World Bank, 2007
Subjects:
Tax
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