## Building Resilience in Developing Countries Vulnerable to Large Natural Disasters

_Policy Papers, June 26, 2019_

## Source details

**Canonical URL:** [Building Resilience in Developing Countries Vulnerable to Large Natural Disasters](https://www.imf.org/en/publications/policy-papers/issues/2019/06/24/building-resilience-in-developing-countries-vulnerable-to-large-natural-disasters-47020)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2019/06/24/building-resilience-in-developing-countries-vulnerable-to-large-natural-disasters-47020/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2019/06/24/building-resilience-in-developing-countries-vulnerable-to-large-natural-disasters-47020/index.json)
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## Bibliographic details
- Published: June 26, 2019
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9781498321020.007

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### Main findings and analytical framework
- Views disaster risk management through a three-pillar strategy for building resilience:
  - structural resilience
  - financial resilience
  - post-disaster (including social) resilience
- A coherent disaster resilience strategy should be based on a diagnostic of risks and cost-effective responses.
- Such a strategy can provide a road map for addressing disaster-related vulnerabilities and can help mobilize support from the international community.

### Policy recommendations and implications
- Adopt a three-pillar approach to align investments and policies across:
  - structural mitigation (physical infrastructure and preparedness)
  - financial instruments (insurance, fiscal buffers, contingent finance)
  - post-disaster social and recovery measures
- Ground strategy formulation in a country-specific diagnostic of risks and cost-effectiveness to prioritize actions.
- Use a coherent strategy to mobilize external financial and technical support from donors and international partners.

### Target audience and subject scope
- Intended for countries vulnerable to natural disasters seeking to reduce human and economic costs.
- Relevant subjects and policy areas in the paper include:
  - Climate change
  - Disaster aid
  - Environment
  - Financial institutions
  - Fiscal policy
  - Fiscal space
  - Foreign aid
  - Insurance
  - Macro-fiscal framework
  - Natural disasters

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## Content in this bundle

- **Policy Paper**
  - [Policy Paper (Markdown version)](/-/media/files/publications/pp/2019/ppea2019020.pdf.md){rel="alternate" type="text/markdown"}
  - [Policy Paper (PDF)](/-/media/files/publications/pp/2019/ppea2019020.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2019/06/24/building-resilience-in-developing-countries-vulnerable-to-large-natural-disasters-47020_