{
  "title": "Fiscal Sustainability and Natural Disaster Risks in the ECCU: ECCU",
  "publication": "Selected Issues Papers, May 30, 2025",
  "sourceUrl": "https://www.imf.org/en/publications/selected-issues-papers/issues/2025/05/29/fiscal-sustainability-and-natural-disaster-risks-in-the-eccu-eccu-567309",
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  "summary": "ECCU countries are highly vulnerable to recurring and increasingly severe natural disasters. Evidence suggests that severe natural disaster have negative impacts on fiscal balances and debt in the region.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Authors: Sophia Chen, SPENCER SIEGEL, Camilo E Tovar Mora\n- Date: May 30, 2025\n- Core summary: ECCU countries are highly vulnerable to recurring and increasingly severe natural disasters. Evidence suggests that severe natural disaster have negative impacts on fiscal balances and debt in the region. This underscores the need for comprehensive disaster resilience strategies to mitigate immediate economic losses, finance post-disaster needs, and safeguard fiscal sustainability."
    },
    {
      "heading": "Key findings",
      "content": "- ECCU countries are highly vulnerable to recurring and increasingly severe natural disasters.\n- Evidence suggests that severe natural disaster have negative impacts on fiscal balances and public debt in the region.\n- There is a need for comprehensive disaster resilience strategies to:\n  - mitigate immediate economic losses,\n  - finance post-disaster needs,\n  - safeguard fiscal sustainability."
    },
    {
      "heading": "Policy recommendations (implied by summary)",
      "content": "- Develop and implement comprehensive disaster resilience strategies across ECCU member states.\n- Strengthen mechanisms to finance post-disaster needs to protect fiscal balances.\n- Integrate natural disaster risk considerations into fiscal sustainability planning and fiscal stabilization frameworks."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Environment, Fiscal policy, Fiscal stabilization, Fiscal stance, Fiscal sustainability, Natural disasters, Public debt\n- Keywords: Caribbean, ECCU, ECCU country, ECCU member states, finance post-disaster, Fiscal stabilization, Fiscal stance, Fiscal Sustainability, natural disaster risk, Natural Disasters, Western Hemisphere department\n\nSophia Chen, SPENCER SIEGEL, and Camilo E Tovar Mora. \"Fiscal Sustainability and Natural Disaster Risks in the ECCU: ECCU\", Selected Issues Papers 2025, 068 (2025), accessed 9/17/2026, https://doi.org/10.5089/9798229011778.018\n\n---\n\n Content in this bundle\n\n- Fiscal Sustainability and Natural Disaster Risks in the ECCU\n  - Fiscal Sustainability and Natural Disaster Risks in the ECCU (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Fiscal Sustainability and Natural Disaster Risks in the ECCU (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/selected-issues-papers/issues/2025/05/29/fiscal-sustainability-and-natural-disaster-risks-in-the-eccu-eccu-567309"
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    "Authors: Sophia Chen, SPENCER SIEGEL, Camilo E Tovar Mora",
    "Published: May 30, 2025",
    "Series: Selected Issues Papers",
    "DOI: https://doi.org/10.5089/9798229011778.018",
    "Authors: Sophia Chen, SPENCER SIEGEL, Camilo E Tovar Mora",
    "Date: May 30, 2025",
    "Core summary: ECCU countries are highly vulnerable to recurring and increasingly severe natural disasters. Evidence suggests that severe natural disaster have negative impacts on fiscal balances and debt in the region. This underscores the need for comprehensive disaster resilience strategies to mitigate immediate economic losses, finance post-disaster needs, and safeguard fiscal sustainability.",
    "ECCU countries are highly vulnerable to recurring and increasingly severe natural disasters.",
    "Evidence suggests that severe natural disaster have negative impacts on fiscal balances and public debt in the region.",
    "There is a need for comprehensive disaster resilience strategies to:",
    "Develop and implement comprehensive disaster resilience strategies across ECCU member states.",
    "Strengthen mechanisms to finance post-disaster needs to protect fiscal balances.",
    "Integrate natural disaster risk considerations into fiscal sustainability planning and fiscal stabilization frameworks.",
    "Subject: Environment, Fiscal policy, Fiscal stabilization, Fiscal stance, Fiscal sustainability, Natural disasters, Public debt",
    "Keywords: Caribbean, ECCU, ECCU country, ECCU member states, finance post-disaster, Fiscal stabilization, Fiscal stance, Fiscal Sustainability, natural disaster risk, Natural Disasters, Western Hemisphere department",
    "**Fiscal Sustainability and Natural Disaster Risks in the ECCU**"
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