Fiscal Responses after Catastrophes and the Enabling Role of Financial Development
Natural disasters may constitute a major shock to public finances and debt sustainability because of their impact on output and the need for government response with reconstruction and relief expenses. The question arises of whether governments can use financial development policy as the means to mi...
Main Authors: | Melecky, Martin, Raddatz, Claudio |
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Format: | Journal Article |
Language: | en_US |
Published: |
Oxford University Press on behalf of the World Bank
2016
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/24606 |
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