Sovereign Natural Disaster Insurance For Developing Countries : A Paradigm Shift In Catastrophe Risk Financing

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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Main Authors:Ghesquiere, Francis
Outros Autores:Mahul, Olivier
Formato: Online-Resource
Idioma:English
Publicado em:Washington, D.C : The World Bank, 2007
Assuntos:
Banks and Banking Reform
Debt Markets
Developing Countries
Environment
Expenditures
Finance and Financial Sector Development
Hazard Risk Management
Insurance
Insurance and Risk Mitigation
Long-term resource
Natural Disaster
Natural Disasters
Private investors
Public investment
Risk Management
Safety Net
Tax
Urban Development
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Internet
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