Private and Financial Sector Resilience in the Caribbean : 360° Resilience Background Paper

The private sector in the Caribbean is crucial for economic growth and job creation and economic resilience is thus heavily determined by the shock absorbing capacity of individual firms and households. As the definition of the private sector is generally broad and includes economic agents of vari...

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Main Author: Masetti, Oliver
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/undefined/482781635296736297/360-Resilience-A-Guide-to-Prepare-the-Caribbean-for-a-New-Generation-of-Shocks-Private-and-Financial-Sector-Resilience-in-the-Caribbean
http://hdl.handle.net/10986/36419
id okr-10986-36419
recordtype oai_dc
spelling okr-10986-364192021-10-30T09:23:15Z Private and Financial Sector Resilience in the Caribbean : 360° Resilience Background Paper Masetti, Oliver CLIMATE CHANGE IMPACT NATURAL DISASTER RISK HAZARD RISK DISASTER RISK FINANCE CLIMATE RESILIENCE FINANCIAL SECTOR RESILIENCE PRIVATE SECTOR RESILIENCE VULNERABILITY TROPICAL STORM TOURISM AGRICULTURE COMMODITIES INSURANCE PAYMENT SYSTEM The private sector in the Caribbean is crucial for economic growth and job creation and economic resilience is thus heavily determined by the shock absorbing capacity of individual firms and households. As the definition of the private sector is generally broad and includes economic agents of various size operating across different sectors, the assessment conducted in this chapter is multifaceted and considers different elements that determine vulnerabilities and resilience to exogenous shocks. The focus of the analysis is on the private sector’s vulnerability to tropical storms, the type of disaster most prevalent in the region, but the discussion of risks and vulnerabilities is also more broadly applied to other types of shocks, such as the COVID-19 pandemic. 2021-10-27T20:16:49Z 2021-10-27T20:16:49Z 2021-10-01 Working Paper http://documents.worldbank.org/curated/undefined/482781635296736297/360-Resilience-A-Guide-to-Prepare-the-Caribbean-for-a-New-Generation-of-Shocks-Private-and-Financial-Sector-Resilience-in-the-Caribbean http://hdl.handle.net/10986/36419 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Latin America & Caribbean Caribbean
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CLIMATE CHANGE IMPACT
NATURAL DISASTER RISK
HAZARD RISK
DISASTER RISK FINANCE
CLIMATE RESILIENCE
FINANCIAL SECTOR RESILIENCE
PRIVATE SECTOR RESILIENCE
VULNERABILITY
TROPICAL STORM
TOURISM
AGRICULTURE
COMMODITIES
INSURANCE
PAYMENT SYSTEM
spellingShingle CLIMATE CHANGE IMPACT
NATURAL DISASTER RISK
HAZARD RISK
DISASTER RISK FINANCE
CLIMATE RESILIENCE
FINANCIAL SECTOR RESILIENCE
PRIVATE SECTOR RESILIENCE
VULNERABILITY
TROPICAL STORM
TOURISM
AGRICULTURE
COMMODITIES
INSURANCE
PAYMENT SYSTEM
Masetti, Oliver
Private and Financial Sector Resilience in the Caribbean : 360° Resilience Background Paper
geographic_facet Latin America & Caribbean
Caribbean
description The private sector in the Caribbean is crucial for economic growth and job creation and economic resilience is thus heavily determined by the shock absorbing capacity of individual firms and households. As the definition of the private sector is generally broad and includes economic agents of various size operating across different sectors, the assessment conducted in this chapter is multifaceted and considers different elements that determine vulnerabilities and resilience to exogenous shocks. The focus of the analysis is on the private sector’s vulnerability to tropical storms, the type of disaster most prevalent in the region, but the discussion of risks and vulnerabilities is also more broadly applied to other types of shocks, such as the COVID-19 pandemic.
format Working Paper
author Masetti, Oliver
author_facet Masetti, Oliver
author_sort Masetti, Oliver
title Private and Financial Sector Resilience in the Caribbean : 360° Resilience Background Paper
title_short Private and Financial Sector Resilience in the Caribbean : 360° Resilience Background Paper
title_full Private and Financial Sector Resilience in the Caribbean : 360° Resilience Background Paper
title_fullStr Private and Financial Sector Resilience in the Caribbean : 360° Resilience Background Paper
title_full_unstemmed Private and Financial Sector Resilience in the Caribbean : 360° Resilience Background Paper
title_sort private and financial sector resilience in the caribbean : 360° resilience background paper
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/undefined/482781635296736297/360-Resilience-A-Guide-to-Prepare-the-Caribbean-for-a-New-Generation-of-Shocks-Private-and-Financial-Sector-Resilience-in-the-Caribbean
http://hdl.handle.net/10986/36419
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