Fiscal Buffers for Natural Disasters in Pacific Island Countries /

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 estimat...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Nishizawa, Hidetaka
Tác giả khác: Roger, Scott, Zhang, Huan
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2019.
Loạt:IMF Working Papers; Working Paper ; No. 2019/152
Truy cập trực tuyến:Full text available on IMF
LEADER 02091cas a2200265 a 4500
001 AALejournalIMF019428
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781498320801 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Nishizawa, Hidetaka. 
245 1 0 |a Fiscal Buffers for Natural Disasters in Pacific Island Countries /  |c Hidetaka Nishizawa, Scott Roger, Huan Zhang. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2019. 
300 |a 1 online resource (31 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
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. 
538 |a Mode of access: Internet 
700 1 |a Roger, Scott. 
700 1 |a Zhang, Huan. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2019/152 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2019/152/001.2019.issue-152-en.xml  |z IMF e-Library