Building Resilience in Developing Countries Vulnerable to Large Natural Disasters
Electronic Access:
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Summary:
This paper discusses how countries vulnerable to natural disasters can reduce the associated human and economic cost. Building on earlier work by IMF staff, the paper views disaster risk management through the lens of a three-pillar strategy for building structural, financial, and post-disaster (including social) resilience. A coherent disaster resilience strategy, based on a diagnostic of risks and cost-effective responses, can provide a road map for how to tackle disaster related vulnerabilities. It can also help mobilize much-needed support from the international community.
Series:
Policy Paper No. 2019/020
Subject:
Climate change Disaster aid Environment Financial institutions Fiscal policy Fiscal space Foreign aid Insurance Macro-fiscal framework Natural disasters
English
Publication Date:
June 26, 2019
ISBN/ISSN:
9781498321020/2663-3493
Stock No:
PPEA2019020
Pages:
55
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