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Macroeconomic Risk Management Against Natural Disasters: Analysis Focussed on Governments in Developing Countries

Macroeconomic Risk Management Against Natural Disasters: Analysis Focussed on Governments in Developing Countries

Paperback

AccountingBusiness GeneralInvesting & Finance

ISBN10: 3835005944
ISBN13: 9783835005945
Publisher: Deutscher Universitatsverlag
Published: Dec 8 2006
Pages: 203
Weight: 0.65
Height: 0.50 Width: 5.83 Depth: 8.27
Language: English
Stefan Hochrainer develops a catastrophe risk management model. It illustrates which trade-offs and choices a country must make in managing economic risks due to natural disasters. Budgetary resources are allocated to pre-disaster risk management strategies to reduce the probability of financing gaps. The framework and model approach allows cross country comparisons as well as the assessment of financial vulnerability, macroeconomic risk, and risk management strategies. Three case studies demonstrate its flexibility and coherent approach.

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