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dc.titleResearch Insights: How Do Climate Change-Induced Hurricanes Affect Sovereign Debt in the Caribbean?
dc.contributor.authorCavallo, Eduardo A.
dc.contributor.authorGómez, Santiago
dc.contributor.authorNoy, Ilan
dc.contributor.authorStrobl, Eric
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageThe Caribbean
dc.date.available2024-10-02T00:10:00
dc.date.issue2024-10-02T00:10:00
dc.description.abstractA survey of relevant literature identifies a direct link between anthropogenic climate change and increased hurricane intensity, notably through a 10% increase in rainfall and associated damages. Caribbean countries are particularly vulnerable, as severe hurricanes lead to notable increases in public debt, compounded by climate change impacts. The study underscores the urgency of integrating climate change considerations into economic and fiscal policies because the impact of climate change is pronounced and immediate.
dc.format.extent4
dc.identifier.doihttp://dx.doi.org/10.18235/0013276
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Research-Insights-How-Do-Climate-Change-Induced-Hurricanes-Affect-Sovereign-Debt-in-the-Caribbean.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Perspectivas-de-investigacion-como-los-huracanes-inducidos-por-el-cambio-climatico-influyen-en-la-deuda-soberana-en-el-Caribe.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectClimate Change
dc.subjectHurricane
dc.subjectNatural Disaster
dc.subjectDebt Management
dc.subjectPublic Debt
dc.subjectDisaster
dc.subjectEconomic Policy
dc.subjectEconomy
dc.subjectRainfall
dc.subjectFiscal Policy
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
idb.identifier.pubnumberIDB-CB-00983
idb.operationRG-K1098
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