Building Resilience to Natural Disasters : An Application to Small Developing States /

We present a dynamic small open economy model to explore the macroeconomic impact of natural disasters. In addition to permanent damages to public and private capital, the disaster causes temporary losses of productivity, inefficiencies during the reconstruction process, and damages to the sovereign...

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Bibliographic Details
Main Author: Marto, Ricardo
Other Authors: Klyuev, Vladimir, Papageorgiou, Chris
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/223
Online Access:Full text available on IMF