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Disaster risk management and fiscal policy : narratives, tools, and evidence associated with assessing fiscal risk and building resilience (English)

This paper addresses the question whether and how co-benefits, through disaster resilience building, can be further promoted. Co-benefits are defined as positive externalities that arise deliberately as a result of a joint strategy that pursues several objectives synergistically at the same time, such as disaster risk management and development goals, or disaster risk management and climate change adaptation. ... See More +

Policy Research Working Paper WPS7635 APR 12, 2016

Mechler,Reinhard; Mochizuki,Junko; Hochrainer-Stigler,Stefan Disclosed

Assessing the financial vulnerability to climate-related natural hazards (English)

National governments are key actors in managing the impacts of extreme weather events, yet many highly exposed developing countries -- faced with exhausted tax bases, high levels of indebtedness, and limited donor assistance -- have been unable to raise sufficient and timely capital to replace or repair damaged infrastructure and restore livelihoods after major disasters. ... See More +

Policy Research Working Paper WPS5232 MAR 01, 2010

Mechler, Reinhard; Hochrainer, Stefan; Pflug, Georg; Lotsch, Alexander; Williges, Keith Disclosed

Disasters and economic welfare : can national savings help explain post-disaster changes in consumption ? (English)

The debate on whether natural disasters cause significant macroeconomic impacts and indeed hinder development is ongoing. Most analyses along these lines have focused on impacts on gross domestic product. ... See More +

Policy Research Working Paper WPS4988 JUL 01, 2009

Mechler, Reinhard Disclosed

Investigating the Impact of climate change on the robustness of index-based microinsurance in Malawi (English)

This analysis explores the potential impact of climate change on the viability of the Malawi weather insurance program making use of scenarios of climate change-induced variations in rainfall patterns. ... See More +

Policy Research Working Paper WPS4631 MAY 01, 2008

Hochrainer, S.; Mechler, R.; Pflug, G.; Lotsch, A. Disclosed

Catastrophes and development : integrating natural catastrophes into development planning (English)

The paper presents and original approach to estimating the macroeconomic and poverty impacts of catastrophes for planning purposes. By incorporating disasters as a component of macroeconomic projections, effective planning options at the country and international level can be fully explored. ... See More +

Working Paper (Numbered Series) 26279 JUN 30, 2002

Freeman, Paul K.; Martin, Leslie A.; Mechler, Reinhard; Warner, Koko; Hausmann, Peter