This paper provides a review and assessment of the current literature on the macroeconomic impact of natural disasters in the Caribbean, including other non-Caribbean studies that may have implications for it. It also discusses, in view of existing studies, what factors may make Caribbean economies more resilient to these extreme events, as well as whether there are damage thresholds beyond which recovery will be more difficult. Finally, recommendations are provided for future data collection and research that might provide further light on the issues.
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Author
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Document Date
2020/01/27
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Document Type
Working Paper
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Report Number
165599
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2021/10/26
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Disclosure Status
Disclosed
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Doc Name
360° Resilience : A Guide to Prepare the Caribbean for a New Generation of Shocks – The Macroeconomic Impacts of Natural Disasters in the Caribbean : Background Paper
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Citation
Strobl,Eric
360° Resilience : A Guide to Prepare the Caribbean for a New Generation of Shocks – The Macroeconomic Impacts of Natural Disasters in the Caribbean : Background Paper (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/658681635294400996/360-Resilience-A-Guide-to-Prepare-the-Caribbean-for-a-New-Generation-of-Shocks-The-Macroeconomic-Impacts-of-Natural-Disasters-in-the-Caribbean-Background-Paper