Fiscal Disaster Risk Assessment Options for Consideration : Pakistan
Pakistan is vulnerable to a number of adverse natural events and has experienced a wide range of disasters over the past 40 years, including floods, earthquakes, droughts, cyclones, and tsunamis. The World Bank is supporting the Government of Pakis...
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| Format: | Report |
| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/03/24381663/fiscal-disaster-risk-assessment-options-consideration-pakistan http://hdl.handle.net/10986/21920 |
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okr-10986-21920 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English en_US |
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ACCESS TO CAPITAL ACCIDENT ACCOUNTING ADMINISTRATIVE CONTROL APPLICATIONS ASSET BASE ASSET MANAGERS AVALANCHES BANKS BENEFICIARIES BENEFICIARY BROKER BROKERS CAPACITY BUILDING CAPITAL ACCOUNTS CAPITAL MARKETS CAPITALIZATION CASH PAYMENTS CASH TRANSFER CASH TRANSFERS CATASTROPHE BOND CATASTROPHE BONDS CATASTROPHIC RISKS CIVIL DEFENCE COINSURANCE COMMERCIAL BANKS COMMISSIONS CONSUMERS CONTINGENCY PLANS CONTINGENT LIABILITIES CONTINGENT LIABILITY CORPORATE MARKET COVERAGE CREDIT LINES CREDIT RATING CREDIT RATING AGENCIES DAMAGES DERIVATIVES DEVELOPING COUNTRIES DEVELOPMENT BANK DISASTER DISASTER EMERGENCY DISASTER EVENT DISASTER EVENTS DISASTER INSURANCE DISASTER MANAGEMENT DISASTER RECONSTRUCTION DISASTER RECOVERY DISASTER REDUCTION DISASTER RELIEF DISASTER RESPONSE DISASTER RISK DISASTER RISK REDUCTION DISBURSEMENTS DONOR COORDINATION DROUGHT DROUGHTS EARLY WARNING EARLY WARNING SYSTEMS EARTHQUAKE EARTHQUAKE INSURANCE EARTHQUAKE RECONSTRUCTION EARTHQUAKES ECONOMIC DEVELOPMENT EMERGENCIES EMERGENCY ASSISTANCE EMERGENCY RELIEF EMERGENCY RESPONSE EMERGENCY RESPONSE ACTIVITIES EMERGENCY SITUATIONS EXCHANGE COMMISSION EXCHANGE RATE EXPENDITURE EXPENDITURES FARMERS FEDERAL BUDGET FINANCIAL COMPENSATION FINANCIAL EXPOSURE FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL SHOCKS FIRE FIRE INSURANCE FLOOD FLOODING FLOODS FOREIGN CURRENCY GOVERNMENT EXPENDITURES HURRICANE IMPACT OF DISASTERS INSTITUTIONAL CAPACITY INSTRUMENT INSURABILITY INSURANCE INSURANCE AGENTS INSURANCE BROKERS INSURANCE COMPANIES INSURANCE COMPANY INSURANCE COVERAGE INSURANCE INDUSTRY INSURANCE MARKET INSURANCE PENETRATION INSURANCE POLICIES INSURANCE POLICY INSURANCE PREMIUMS INSURANCE PRODUCTS INSURED LOSSES INSURERS INTERNATIONAL AGENCIES INTERNATIONAL BANK INTERNATIONAL MARKETS INVENTORY LANDSLIDES LIFE INSURANCE LIFE INSURERS LIQUIDITY LOAN LOAN REPAYMENT LOCAL MARKET LOCAL MARKETS LOSS RATIO MARKET DEVELOPMENT MARKET FAILURE MARKET SHARE MARKET SHARES MEDICAL SUPPLIES MICRO INSURANCE MICROFINANCE MICROFINANCE INSTITUTIONS MICROFINANCE SECTOR MINIMUM CAPITAL REQUIREMENT MINIMUM CAPITAL REQUIREMENTS MITIGATION MORTGAGE MORTGAGES NATURAL CATASTROPHE NATURAL CATASTROPHES NATURAL DISASTER NATURAL DISASTERS NATURAL HAZARD NATURAL HAZARDS NEGOTIATIONS NON-LIFE INSURANCE PAYMENT SYSTEM PENSIONS POLICYHOLDERS PORTFOLIO PREMIUM REVENUE PREMIUM REVENUES PRIVATE CAPITAL PRIVATE CATASTROPHE INSURANCE PRIVATE INSURANCE PRIVATE PROPERTY PROGRAMS PROPERTY INSURANCE PUBLIC ASSET PUBLIC ASSETS PUBLIC SPENDING RATES REGULATORY FRAMEWORK REINSURANCE REINSURANCE BROKER REINSURANCE PREMIUMS REINSURER REINSURERS RELIEF RELIEF ACTIVITIES RELIEF ASSISTANCE RELIEF EFFORTS REMITTANCES REPAYMENT RESCUE RESCUE SERVICES RESERVES RETURN RISK ANALYSIS RISK ASSESSMENT RISK EXPOSURE RISK INSURANCE RISK MANAGEMENT RISK MANAGEMENT SYSTEM RISK PROFILE RISK PROFILES RISK TRANSFER SAFETY SAFETY NET SECURITIES SITUATION REPORTS SOLVENCY SOVEREIGN RISK STOCK EXCHANGE STOCKS TAX TRANCHES TRANSACTION TRANSFER PAYMENTS TRANSPARENCY TREATIES TREATY TROPICAL CYCLONE TROPICAL CYCLONES TROPICAL STORM TSUNAMI TSUNAMIS UNDERINSURANCE UNDERWRITING WAR |
| spellingShingle |
ACCESS TO CAPITAL ACCIDENT ACCOUNTING ADMINISTRATIVE CONTROL APPLICATIONS ASSET BASE ASSET MANAGERS AVALANCHES BANKS BENEFICIARIES BENEFICIARY BROKER BROKERS CAPACITY BUILDING CAPITAL ACCOUNTS CAPITAL MARKETS CAPITALIZATION CASH PAYMENTS CASH TRANSFER CASH TRANSFERS CATASTROPHE BOND CATASTROPHE BONDS CATASTROPHIC RISKS CIVIL DEFENCE COINSURANCE COMMERCIAL BANKS COMMISSIONS CONSUMERS CONTINGENCY PLANS CONTINGENT LIABILITIES CONTINGENT LIABILITY CORPORATE MARKET COVERAGE CREDIT LINES CREDIT RATING CREDIT RATING AGENCIES DAMAGES DERIVATIVES DEVELOPING COUNTRIES DEVELOPMENT BANK DISASTER DISASTER EMERGENCY DISASTER EVENT DISASTER EVENTS DISASTER INSURANCE DISASTER MANAGEMENT DISASTER RECONSTRUCTION DISASTER RECOVERY DISASTER REDUCTION DISASTER RELIEF DISASTER RESPONSE DISASTER RISK DISASTER RISK REDUCTION DISBURSEMENTS DONOR COORDINATION DROUGHT DROUGHTS EARLY WARNING EARLY WARNING SYSTEMS EARTHQUAKE EARTHQUAKE INSURANCE EARTHQUAKE RECONSTRUCTION EARTHQUAKES ECONOMIC DEVELOPMENT EMERGENCIES EMERGENCY ASSISTANCE EMERGENCY RELIEF EMERGENCY RESPONSE EMERGENCY RESPONSE ACTIVITIES EMERGENCY SITUATIONS EXCHANGE COMMISSION EXCHANGE RATE EXPENDITURE EXPENDITURES FARMERS FEDERAL BUDGET FINANCIAL COMPENSATION FINANCIAL EXPOSURE FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL SHOCKS FIRE FIRE INSURANCE FLOOD FLOODING FLOODS FOREIGN CURRENCY GOVERNMENT EXPENDITURES HURRICANE IMPACT OF DISASTERS INSTITUTIONAL CAPACITY INSTRUMENT INSURABILITY INSURANCE INSURANCE AGENTS INSURANCE BROKERS INSURANCE COMPANIES INSURANCE COMPANY INSURANCE COVERAGE INSURANCE INDUSTRY INSURANCE MARKET INSURANCE PENETRATION INSURANCE POLICIES INSURANCE POLICY INSURANCE PREMIUMS INSURANCE PRODUCTS INSURED LOSSES INSURERS INTERNATIONAL AGENCIES INTERNATIONAL BANK INTERNATIONAL MARKETS INVENTORY LANDSLIDES LIFE INSURANCE LIFE INSURERS LIQUIDITY LOAN LOAN REPAYMENT LOCAL MARKET LOCAL MARKETS LOSS RATIO MARKET DEVELOPMENT MARKET FAILURE MARKET SHARE MARKET SHARES MEDICAL SUPPLIES MICRO INSURANCE MICROFINANCE MICROFINANCE INSTITUTIONS MICROFINANCE SECTOR MINIMUM CAPITAL REQUIREMENT MINIMUM CAPITAL REQUIREMENTS MITIGATION MORTGAGE MORTGAGES NATURAL CATASTROPHE NATURAL CATASTROPHES NATURAL DISASTER NATURAL DISASTERS NATURAL HAZARD NATURAL HAZARDS NEGOTIATIONS NON-LIFE INSURANCE PAYMENT SYSTEM PENSIONS POLICYHOLDERS PORTFOLIO PREMIUM REVENUE PREMIUM REVENUES PRIVATE CAPITAL PRIVATE CATASTROPHE INSURANCE PRIVATE INSURANCE PRIVATE PROPERTY PROGRAMS PROPERTY INSURANCE PUBLIC ASSET PUBLIC ASSETS PUBLIC SPENDING RATES REGULATORY FRAMEWORK REINSURANCE REINSURANCE BROKER REINSURANCE PREMIUMS REINSURER REINSURERS RELIEF RELIEF ACTIVITIES RELIEF ASSISTANCE RELIEF EFFORTS REMITTANCES REPAYMENT RESCUE RESCUE SERVICES RESERVES RETURN RISK ANALYSIS RISK ASSESSMENT RISK EXPOSURE RISK INSURANCE RISK MANAGEMENT RISK MANAGEMENT SYSTEM RISK PROFILE RISK PROFILES RISK TRANSFER SAFETY SAFETY NET SECURITIES SITUATION REPORTS SOLVENCY SOVEREIGN RISK STOCK EXCHANGE STOCKS TAX TRANCHES TRANSACTION TRANSFER PAYMENTS TRANSPARENCY TREATIES TREATY TROPICAL CYCLONE TROPICAL CYCLONES TROPICAL STORM TSUNAMI TSUNAMIS UNDERINSURANCE UNDERWRITING WAR World Bank Group Global Facility for Disaster Reduction and Recovery Fiscal Disaster Risk Assessment Options for Consideration : Pakistan |
| geographic_facet |
South Asia Pakistan |
| description |
Pakistan is vulnerable to a number of
adverse natural events and has experienced a wide range of
disasters over the past 40 years, including floods,
earthquakes, droughts, cyclones, and tsunamis. The World
Bank is supporting the Government of Pakistan (GoP) in
building capacity in the area of disaster risk management
(DRM) in order to build resilience from both humanitarian
and fiscal shocks associated with natural disasters. The
World Bank is providing technical assistance to the GoP for
the development of a national disaster risk financing
strategy. This non-lending technical assistance aims to: (i)
assess the fiscal exposure of the GoP to natural disasters;
(ii) present options for the development of a national
strategy to improve financial response capacity for natural
disasters; and (iii) promote property catastrophe risk
insurance for both public and private dwellings. Disaster
risk financing and insurance (DRFI) is one of the five
pillars in the proactive and strategic framework for DRM
promoted by the World Bank. The World Bank has been
promoting a proactive and strategic framework for DRM based
on five pillars: (i) risk identification; (ii) risk
reduction; (iii) preparedness; (iv) financial protection;
and (v) resilient recovery. Chapter one is introduction.
Chapter two presents an overview of the budget processes for
the financing of natural disaster losses during each of the
three post-disaster phases. Chapter three provides a
preliminary financial disaster risk assessment for Pakistan,
focusing particularly on the fiscal impact of natural
disasters. Chapter four presents an overview of the private
catastrophe insurance market; and chapter five reviews the
options for future financing of natural disaster recovery
and reconstruction expenditures. |
| format |
Report |
| author |
World Bank Group Global Facility for Disaster Reduction and Recovery |
| author_facet |
World Bank Group Global Facility for Disaster Reduction and Recovery |
| author_sort |
World Bank Group |
| title |
Fiscal Disaster Risk Assessment Options for Consideration : Pakistan |
| title_short |
Fiscal Disaster Risk Assessment Options for Consideration : Pakistan |
| title_full |
Fiscal Disaster Risk Assessment Options for Consideration : Pakistan |
| title_fullStr |
Fiscal Disaster Risk Assessment Options for Consideration : Pakistan |
| title_full_unstemmed |
Fiscal Disaster Risk Assessment Options for Consideration : Pakistan |
| title_sort |
fiscal disaster risk assessment options for consideration : pakistan |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2015/03/24381663/fiscal-disaster-risk-assessment-options-consideration-pakistan http://hdl.handle.net/10986/21920 |
| _version_ |
1764449520587898880 |
| spelling |
okr-10986-219202021-04-23T14:04:05Z Fiscal Disaster Risk Assessment Options for Consideration : Pakistan World Bank Group Global Facility for Disaster Reduction and Recovery ACCESS TO CAPITAL ACCIDENT ACCOUNTING ADMINISTRATIVE CONTROL APPLICATIONS ASSET BASE ASSET MANAGERS AVALANCHES BANKS BENEFICIARIES BENEFICIARY BROKER BROKERS CAPACITY BUILDING CAPITAL ACCOUNTS CAPITAL MARKETS CAPITALIZATION CASH PAYMENTS CASH TRANSFER CASH TRANSFERS CATASTROPHE BOND CATASTROPHE BONDS CATASTROPHIC RISKS CIVIL DEFENCE COINSURANCE COMMERCIAL BANKS COMMISSIONS CONSUMERS CONTINGENCY PLANS CONTINGENT LIABILITIES CONTINGENT LIABILITY CORPORATE MARKET COVERAGE CREDIT LINES CREDIT RATING CREDIT RATING AGENCIES DAMAGES DERIVATIVES DEVELOPING COUNTRIES DEVELOPMENT BANK DISASTER DISASTER EMERGENCY DISASTER EVENT DISASTER EVENTS DISASTER INSURANCE DISASTER MANAGEMENT DISASTER RECONSTRUCTION DISASTER RECOVERY DISASTER REDUCTION DISASTER RELIEF DISASTER RESPONSE DISASTER RISK DISASTER RISK REDUCTION DISBURSEMENTS DONOR COORDINATION DROUGHT DROUGHTS EARLY WARNING EARLY WARNING SYSTEMS EARTHQUAKE EARTHQUAKE INSURANCE EARTHQUAKE RECONSTRUCTION EARTHQUAKES ECONOMIC DEVELOPMENT EMERGENCIES EMERGENCY ASSISTANCE EMERGENCY RELIEF EMERGENCY RESPONSE EMERGENCY RESPONSE ACTIVITIES EMERGENCY SITUATIONS EXCHANGE COMMISSION EXCHANGE RATE EXPENDITURE EXPENDITURES FARMERS FEDERAL BUDGET FINANCIAL COMPENSATION FINANCIAL EXPOSURE FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL SHOCKS FIRE FIRE INSURANCE FLOOD FLOODING FLOODS FOREIGN CURRENCY GOVERNMENT EXPENDITURES HURRICANE IMPACT OF DISASTERS INSTITUTIONAL CAPACITY INSTRUMENT INSURABILITY INSURANCE INSURANCE AGENTS INSURANCE BROKERS INSURANCE COMPANIES INSURANCE COMPANY INSURANCE COVERAGE INSURANCE INDUSTRY INSURANCE MARKET INSURANCE PENETRATION INSURANCE POLICIES INSURANCE POLICY INSURANCE PREMIUMS INSURANCE PRODUCTS INSURED LOSSES INSURERS INTERNATIONAL AGENCIES INTERNATIONAL BANK INTERNATIONAL MARKETS INVENTORY LANDSLIDES LIFE INSURANCE LIFE INSURERS LIQUIDITY LOAN LOAN REPAYMENT LOCAL MARKET LOCAL MARKETS LOSS RATIO MARKET DEVELOPMENT MARKET FAILURE MARKET SHARE MARKET SHARES MEDICAL SUPPLIES MICRO INSURANCE MICROFINANCE MICROFINANCE INSTITUTIONS MICROFINANCE SECTOR MINIMUM CAPITAL REQUIREMENT MINIMUM CAPITAL REQUIREMENTS MITIGATION MORTGAGE MORTGAGES NATURAL CATASTROPHE NATURAL CATASTROPHES NATURAL DISASTER NATURAL DISASTERS NATURAL HAZARD NATURAL HAZARDS NEGOTIATIONS NON-LIFE INSURANCE PAYMENT SYSTEM PENSIONS POLICYHOLDERS PORTFOLIO PREMIUM REVENUE PREMIUM REVENUES PRIVATE CAPITAL PRIVATE CATASTROPHE INSURANCE PRIVATE INSURANCE PRIVATE PROPERTY PROGRAMS PROPERTY INSURANCE PUBLIC ASSET PUBLIC ASSETS PUBLIC SPENDING RATES REGULATORY FRAMEWORK REINSURANCE REINSURANCE BROKER REINSURANCE PREMIUMS REINSURER REINSURERS RELIEF RELIEF ACTIVITIES RELIEF ASSISTANCE RELIEF EFFORTS REMITTANCES REPAYMENT RESCUE RESCUE SERVICES RESERVES RETURN RISK ANALYSIS RISK ASSESSMENT RISK EXPOSURE RISK INSURANCE RISK MANAGEMENT RISK MANAGEMENT SYSTEM RISK PROFILE RISK PROFILES RISK TRANSFER SAFETY SAFETY NET SECURITIES SITUATION REPORTS SOLVENCY SOVEREIGN RISK STOCK EXCHANGE STOCKS TAX TRANCHES TRANSACTION TRANSFER PAYMENTS TRANSPARENCY TREATIES TREATY TROPICAL CYCLONE TROPICAL CYCLONES TROPICAL STORM TSUNAMI TSUNAMIS UNDERINSURANCE UNDERWRITING WAR Pakistan is vulnerable to a number of adverse natural events and has experienced a wide range of disasters over the past 40 years, including floods, earthquakes, droughts, cyclones, and tsunamis. The World Bank is supporting the Government of Pakistan (GoP) in building capacity in the area of disaster risk management (DRM) in order to build resilience from both humanitarian and fiscal shocks associated with natural disasters. The World Bank is providing technical assistance to the GoP for the development of a national disaster risk financing strategy. This non-lending technical assistance aims to: (i) assess the fiscal exposure of the GoP to natural disasters; (ii) present options for the development of a national strategy to improve financial response capacity for natural disasters; and (iii) promote property catastrophe risk insurance for both public and private dwellings. Disaster risk financing and insurance (DRFI) is one of the five pillars in the proactive and strategic framework for DRM promoted by the World Bank. The World Bank has been promoting a proactive and strategic framework for DRM based on five pillars: (i) risk identification; (ii) risk reduction; (iii) preparedness; (iv) financial protection; and (v) resilient recovery. Chapter one is introduction. Chapter two presents an overview of the budget processes for the financing of natural disaster losses during each of the three post-disaster phases. Chapter three provides a preliminary financial disaster risk assessment for Pakistan, focusing particularly on the fiscal impact of natural disasters. Chapter four presents an overview of the private catastrophe insurance market; and chapter five reviews the options for future financing of natural disaster recovery and reconstruction expenditures. 2015-05-20T15:02:23Z 2015-05-20T15:02:23Z 2015-06 Report http://documents.worldbank.org/curated/en/2015/03/24381663/fiscal-disaster-risk-assessment-options-consideration-pakistan http://hdl.handle.net/10986/21920 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Risk and Vulnerability Assessment South Asia Pakistan |