Fiscal buffers for natural disasters in Pacific island countries /
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Author / Creator: | Nishizawa, Hidetaka, author. |
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Imprint: | [Washington, D.C.] : International Monetary Fund, [2019] ©2019 |
Description: | 1 online resource (32 pages) |
Language: | English |
Series: | IMF Working Paper ; WP/19/152 IMF working paper ; WP/19/152. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/13513514 |
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100 | 1 | |a Nishizawa, Hidetaka, |e author. | |
245 | 1 | 0 | |a Fiscal buffers for natural disasters in Pacific island countries / |c By Hidetaka Nishizawa, Scott Roger, and Huan Zhang. |
264 | 1 | |a [Washington, D.C.] : |b International Monetary Fund, |c [2019] | |
264 | 4 | |c ©2019 | |
300 | |a 1 online resource (32 pages) | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
490 | 1 | |a IMF Working Paper ; |v WP/19/152 | |
505 | 0 | |a Vulnerability of PICs to natural disasters -- Design of fiscal buffers for natural disasters -- Estimating the fiscal cost of natural disasters -- Determining the appropriate size of fiscal buffers for natural disasters -- Policy implications. | |
588 | 0 | |a Online resource; title from PDF title page (IMF, viewed Sept. 8, 2020). | |
520 | 3 | |a Pacific island countries (PICs) are vulnerable severe natural disasters, especially cyclones, inflicting large losses on their economies. In the aftermath of disasters, PIC governments face revenue losses and spending pressures to address post-disaster relief and recovery efforts. This paper estimates the effects of severe natural disasters on fiscal revenues and expenditure in PICs. These are combined with information on the frequency of large disasters to calculate the rate of budgetary savings needed to build appropriate fiscal buffers. Fiscal buffers provide self-insurance against natural disaster shocks and facilitate quick disbursement for recovery and relief efforts, and protection of spending on essential services and infrastructure. The estimates can provide a benchmark for policymakers, and should be adjusted to take into account other sources of financing, as well as budget risks from less severe as well as more frequent disasters. | |
650 | 0 | |a Natural disasters |x Economic aspects |z Islands of the Pacific. | |
651 | 0 | |a Islands of the Pacific |x Economic conditions. | |
650 | 6 | |a Catastrophes naturelles |x Aspect économique |z Pacifique, Îles du. | |
651 | 6 | |a Pacifique, Îles du |x Conditions économiques. | |
650 | 7 | |a Economic history. |2 fast |0 (OCoLC)fst00901974 | |
650 | 7 | |a Natural disasters |x Economic aspects. |2 fast |0 (OCoLC)fst01033997 | |
651 | 7 | |a Pacific Ocean |z Islands of the Pacific. |2 fast |0 (OCoLC)fst01244201 | |
655 | 4 | |a Electronic books. | |
700 | 1 | |a Roger, Scott, |e author. |0 http://id.loc.gov/authorities/names/no93037636 | |
700 | 1 | |a Zhang, Huan, |e author. | |
710 | 2 | |a International Monetary Fund, |e issuing body. |0 http://id.loc.gov/authorities/names/n81052755 | |
776 | 0 | 8 | |i Print version: |a Nishizawa, Hidetaka. |t Fiscal Buffers for Natural Disasters in Pacific Island Countries. |d Washington, D.C. : International Monetary Fund, ©2019 |z 9781498320801 |
830 | 0 | |a IMF working paper ; |v WP/19/152. |0 http://id.loc.gov/authorities/names/no89010263 | |
856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2019/152/001.2019.issue-152-en.xml |y INTERNATIONAL MONETARY FUND |
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