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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Exports and Imports , Economics- Macroeconomics , Public Finance , Environmental Economics , Natural Disasters , Caribbean , ECCU , Fiscal Sustainability , Natural Disasters , Sovereign bonds , Debt sustainability analysis , Monetary unions , Fiscal stance , Fiscal space , Fiscal stabilization , Natural disasters , Disaster aid , Fiscal sustainability
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.
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