Analysing the Impact of Natural Hazards in Small Economies: The Caribbean Case

Martin Heger, Alex Julca and Oliver Paddison

No RP2008-25, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper analyses the impact of natural disasters in the Caribbean. The economic impact of natural disasters in the region has been significant, resulting in widespread destruction of the productive economy. This paper presents the main macroeconomic impact of disasters, e.g., a deteriorating fiscal balance, a collapse of growth and a worsening external balance, as a consequence of damage resulting from the event.

Keywords: Capital investments; Trade and environment; Macroeconomics; Natural disasters (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-dev, nep-env, nep-lam and nep-tur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (48)

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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2008-25

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