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Rapid onset natural disasters : The role of financing in effective risk management, Volume 1
 
Author:Gurenko, Eugene; Lester, Rodney; Country:World;
Date Stored:2004/05/19Document Date:2004/04/01
Document Type:Policy Research Working PaperSubTopics:Environmental Economics & Policies; Non Bank Financial Institutions; Payment Systems & Infrastructure; Banks & Banking Reform; Hazard Risk Management; Insurance & Risk Mitigation
Language:EnglishRegion:The World Region
Report Number:WPS3278Collection Title:Policy, Research working paper ; no. WPS 3278
Volume No:1  

Summary: The authors provide a conceptual framework for designing a comprehensive risk management strategy for rapid onset natural disasters at the country level, with a particular emphasis on the role of catastrophe loss funding. The authors discuss the key policy and technical issues involved in building financially sustainable catastrophe risk transfer and funding programs in disaster prone countries and their links to risk mitigation. They also deal with the cognitive and political economy issues that are likely to arise and ways to accommodate them.

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