Fiscal resilience to natural disasters lessons from country experiences
"Natural disasters continue to cause widespread damage and losses, with fast growing economies particularly exposed. Governments often shoulder a significant share of the costs of disaster recovery and reconstruction. This is true in OECD countries and even more so in developing economies, wher...
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| Autores Corporativos: | , |
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Paris, France :
Organisation for Economic Co-Operation and Development
[2019]
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009704612506719 |
Tabla de Contenidos:
- Intro
- Foreword
- Acknowledgements
- Acronyms and abbreviations
- Executive Summary
- Key findings
- Policy recommendations
- Introduction
- Notes
- Part I: Synthesis
- Chapter 1. Understanding the economic and fiscal impacts of disasters
- The economic impacts of disasters: Disaster losses and damages on the rise
- Inverse relation of disaster impacts to income
- The fiscal impacts of disasters: Understanding the key determinants
- The determinants of fiscal impacts of disasters
- Disaster impacts on government spending: Explicit contingent liabilities Disaster impacts on government spending: Implicit contingent liabilities
- Disaster impacts on government revenues
- Indirect fiscal impacts of disasters
- Past fiscal impacts of disasters
- Fiscal impacts of major historical disasters
- The 2011 Great East Japan Earthquake
- The 2010-11 Canterbury earthquake sequence in New Zealand
- The 2016 Fort McMurray wildfire in Canada
- Notes
- References
- Chapter 2. Boosting financial resilience against disasters: Towards better management of disaster-related contingent liabilities
- Introduction Identification of disaster-related contingent liabilities
- Distinguishing explicit from implicit contingent liabilities
- Explicit government commitments for disaster assistance: A range of policies and practices
- Commitments for recovering and replacing central versus subnational public infrastructure assets
- Limited government assistance for state-owned enterprises or PPPs
- Varying government commitment to support household recovery
- The role of post-disaster financial support to businesses in limiting a disaster's economic impact Governments' limited effort to encourage disaster prevention by businesses
- Tailored support to the agricultural sector
- A rising trend in implicit government commitments due to extreme events
- Tendency of implicit contingent liabilities to be greater where explicit commitments ex ante are limited
- Quantification of disaster-related contingent liabilities
- Direct estimation of disaster-related contingent liabilities
- Estimation of disaster-related contingent liabilities through probabilistic modelling
- Governments' compilation of information to estimate their liabilities Estimation of fiscal impacts of disaster-related contingent liabilities and their integration in overall fiscal forecasting and fiscal risk assessments
- Practices showing strong recognition of major disasters in overall fiscal management
- Benefits of increasing visibility in the fiscal policy-making process
- Disclosing government's disaster-related contingent liabilities
- Notes
- References
- Chapter 3. Mitigating disaster-related contingent liabilities and financing residual risks: Policy lessons
- Cost-sharing mechanisms between central and subnational governments
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