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Record Nr. |
UNINA9910788404103321 |
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Autore |
Hofman David |
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Titolo |
Insuring Public Finances Against Natural Disasters : : A Survey of Options and Recent Initiatives / / David Hofman, Patricia Brukoff |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2006 |
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ISBN |
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1-4623-1044-3 |
1-4527-8949-5 |
1-283-51499-0 |
9786613827449 |
1-4519-9215-7 |
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Descrizione fisica |
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1 online resource (24 p.) |
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Collana |
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Altri autori (Persone) |
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Soggetti |
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Finance, Public |
Natural disasters - Economic aspects |
Finance: General |
Insurance |
Investments: Bonds |
Industries: Financial Services |
Natural Disasters |
International Financial Markets |
Insurance Companies |
Actuarial Studies |
Fiscal Policies and Behavior of Economic Agents: General |
Public Goods |
Economic Development: General |
Climate |
Natural Disasters and Their Management |
Global Warming |
Pension Funds |
Non-bank Financial Institutions |
Financial Instruments |
Institutional Investors |
General Financial Markets: General (includes Measurement and Data) |
Insurance & actuarial studies |
Finance |
Natural disasters |
Investment & securities |
Insurance companies |
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Bonds |
International capital markets |
Financial institutions |
Environment |
Financial markets |
Capital market |
Taiwan Province of China |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di contenuto |
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""Contents""; ""I. INTRODUCTION""; ""II. FISCAL PRESSURES AND INSURANCE: OVERVIEW""; ""III. MODALITIES OF INSURANCE""; ""IV. CHALLENGES AHEAD""; ""V. CONCLUDING REMARKS""; ""REFERENCES"" |
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Sommario/riassunto |
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Natural disasters can put severe strain on public finances, in particular in developing and small countries. But catastrophe insurance markets increasingly offer opportunities for the transfer of such risks. Thus far, developing countries have only tepidly begun to tap these opportunities. More frequent and intensive use of insurance markets may be desirable because it could help introduce an important element of predictability in the post-disaster public finances of disaster-prone developing countries. Against this background, the paper surveys the various available insurance modalities and reviews recent initiatives in developing and emerging market countries. It also identifies some key challenges for the insurance community, donors, and international financial institutions (IFIs). |
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