Fiscal Sustainability and Natural Disaster Risks in the ECCU: ECCU

ECCU countries are highly vulnerable to recurring and increasingly severe natural disasters. Evidence suggests that severe natural disaster have negative impacts on fiscal balances and debt in the region.
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Volume/Issue: Volume 2025 Issue 068
Publication date: May 2025
ISBN: 9798229011778
$15.00
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Topics covered in this book

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Economics- Macroeconomics , Public Finance , Natural Disasters , Caribbean , ECCU , Fiscal Sustainability , Natural Disasters , natural disaster risk , Western Hemisphere department , ECCU member states , ECCU country , finance post-disaster , Fiscal stance , Fiscal stabilization

Summary

ECCU countries are highly vulnerable to recurring and increasingly severe natural disasters. Evidence suggests that severe natural disaster have negative impacts on fiscal balances and debt in the region. This underscores the need for comprehensive disaster resilience strategies to mitigate immediate economic losses, finance post-disaster needs, and safeguard fiscal sustainability.