Policy Trade-Offs in Building Resilience to Natural Disasters: The Case of St. Lucia

Policy Trade-Offs in Building Resilience to Natural Disasters: The Case of St. Lucia
Resilience to climate change and natural disasters hinges on two fundamental elements: financial protection —insurance and self-insurance— and structural protection —investment in adaptation. Using a dynamic general equilibrium model calibrated to the St. Lucia’s economy, this paper shows that both strategies considerably reduce the output loss... READ MORE...

Publication date: March 2019
ISBN 9781498302654
$18.00

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