Financing the Reconstruction of Public Capital after a Natural Disaster

When a natural disaster destroys public capital, these direct losses are exacerbated by indirect losses arising from reduced output while reconstruction takes place. These indirect losses may be much larger, relative to the direct ones, in low-inco...

Full description

Bibliographic Details
Main Authors:	Bevan, David, Adam, Christopher
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	CAPITAL LOSS PRIVATE CAPITAL STOCK DEFICIT MONETARY POLICY CAPITAL MARKETS EXTERNAL COMMERCIAL BORROWING DEVELOPMENT ASSISTANCE ACCOUNTING FOREIGN DEBT STOCK PRIVATE CAPITAL STOCKS DOMESTIC BORROWING INTEREST RATE OF RETURN INVESTMENT RATE INTEREST RATE EXCHANGE OPTION DISCOUNT RATE REAL INTEREST REVENUES BINDING CONSTRAINT BONDS INCENTIVES DISCOUNT BUDGET CONSTRAINTS CAPITAL LOSSES CAPITAL STOCK PUBLIC ASSETS TAX CENTRAL BANKS INVESTMENT PROCESS CREDITORS INTERNATIONAL BANK OUTPUT LOSSES BUDGET CHOICE LABOR MARKET POLICY RESPONSE INDEBTEDNESS COSTS COMMERCIAL BORROWING NATURAL DISASTER POLICY RESPONSES CONSTANT SHARE CONTRACTS CAPITAL FORMATION TAX EXEMPTIONS RECURRENT EXPENDITURES OPTIONS NATURAL DISASTERS DEBT MARKETS RETURN INTERNATIONAL DEVELOPMENT PUBLIC FINANCE OPEN ECONOMY DOMESTIC DEBT LOANS REAL INTEREST RATE RESERVES CAPITAL STOCKS PRIVATE CAPITAL DEBT SERVICE RECURRENT EXPENDITURE DOMESTIC BONDS FINANCE PUBLIC INVESTMENT TAXES CAPITAL SHARES INVESTMENT DECISIONS EXPENDITURE INFRASTRUCTURE INVESTMENT DEBT FINANCING INVESTORS CONSUMPTION DEBT RATIO BUDGET CONSTRAINT INTEREST PAYMENTS OPPORTUNITY COST GOOD TAX RATE GOVERNMENT BUDGET CAPITAL TRANSPARENCY ACCESS TO CAPITAL FUTURE RETURNS CAPACITY CONSTRAINTS CONTRACT GOVERNMENT REVENUE EXPENDITURES PROPERTY PROPERTIES TAX RATES SHARES OPPORTUNITY COSTS FACE VALUE INSURANCE PREMIUM REAL EXCHANGE RATE DEBT STOCKS MARKET INTERNAL RATES OF RETURN PUBLIC DEBT PRIVATE DEBT LEVY INSURANCE SOCIAL CAPITAL TAXATION DEBT MARKETS INVESTMENT RATES GOODS STOCKS INVESTMENT RATES OF RETURN BOND SHARE TAX SYSTEM REVENUE EXTERNAL DEBT INTERNAL RATE OF RETURN INVESTMENTS CONSUMER PRICE INDEX EXCHANGE RATE ASSET CLASS INSTRUMENT ARBITRAGE REMITTANCES PUBLIC SPENDING CAPITAL INVESTMENT DEVELOPMENT BANK EXTERNAL BORROWING DEVELOPMENT POLICY INVESTING
Online Access:	http://documents.worldbank.org/curated/en/2016/06/26510507/financing-reconstruction-public-capital-after-natural-disaster http://hdl.handle.net/10986/24635

Internet

http://documents.worldbank.org/curated/en/2016/06/26510507/financing-reconstruction-public-capital-after-natural-disaster
http://hdl.handle.net/10986/24635

Financing the Reconstruction of Public Capital after a Natural Disaster

Internet

Similar Items