Publication:
Quantifying through Ex Post Assessments the Micro-Level Impacts of Sovereign Disaster Risk Financing and Insurance Programs

dc.contributor.authorde Janvry, Alain
dc.date.accessioned2015-07-20T16:38:28Z
dc.date.available2015-07-20T16:38:28Z
dc.date.issued2015-07
dc.description.abstractUninsured natural disasters can have devastating effects on human welfare and economic growth, particularly in developing countries where large segments of the population are in poverty and government resources and capacity to assist in relief, recovery, and reconstruction are limited. Therefore there is interest in exploring how these countries can design and implement disaster relief financing and insurance programs. This paper discusses four aspects of the microeconomics of disaster relief financing and insurance programs that are important for the ex post impact evaluation of such programs: (1) use of game setups to analyze the private willingness-to-pay for disaster protection through risk transfer or risk retention instruments; (2) use of ex post analysis of existing disaster relief financing and insurance schemes (such as Mexico’s programs) to analyze the willingness to provide political support to such schemes; (3) use of ex post analysis of existing schemes to analyze not only ex post coping with shock, but also the ex ante risk management impact of disaster relief financing and insurance schemes, with the expectation that the latter can have a large effects on growth; and (4) use of mainly global data to do ex post impact analysis of natural disasters and the resilience-enhancing value of disaster relief financing and insurance schemes (examples exist for the disaster-impact relationship that can be extended to the role of disaster relief financing and insurance in risk reduction, coping with shock, and risk management). The paper proposes concrete research projects to pursue the analysis of these four dimensions of micro-level impacts of disaster relief financing and insurance.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/07/24744800/quantifying-through-ex-post-assessments-micro-level-impacts-sovereign-disaster-risk-financing-insurance-programs
dc.identifier.doi10.1596/1813-9450-7356
dc.identifier.urihttps://hdl.handle.net/10986/22239
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7356
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectFLOODING
dc.subjectCATASTROPHIC RISKS
dc.subjectEMPLOYMENT
dc.subjectEARLY WARNING SYSTEMS
dc.subjectCATASTROPHIC EVENTS
dc.subjectRISKS
dc.subjectRIGHTS
dc.subjectMOTIVATION
dc.subjectDEATH TOLLS
dc.subjectECONOMIC GROWTH
dc.subjectPRODUCTION
dc.subjectEARLY WARNING
dc.subjectRISK REDUCTION
dc.subjectINSURANCE POOLS
dc.subjectINCOME
dc.subjectINTEREST
dc.subjectCATASTROPHIC NATURAL DISASTERS
dc.subjectGUARANTEES
dc.subjectSUSTAINABILITY
dc.subjectPROPERTY RIGHTS
dc.subjectPROGRAMS
dc.subjectINFORMATION
dc.subjectPOLITICAL ECONOMY
dc.subjectWELFARE
dc.subjectRESIDUAL RISK
dc.subjectEFFECTS
dc.subjectINCENTIVES
dc.subjectDISASTER
dc.subjectMODELS
dc.subjectPRIVATE INSURANCE
dc.subjectDAMAGES
dc.subjectSAVING
dc.subjectDISASTER EVENTS
dc.subjectEARTHQUAKES
dc.subjectTSUNAMIS
dc.subjectDISTRIBUTION SYSTEM
dc.subjectINSURANCE FUNDS
dc.subjectDISASTER RELIEF
dc.subjectSAVINGS
dc.subjectRIGHT TO WORK
dc.subjectRELIEF
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectNATURAL DISASTER
dc.subjectMORAL HAZARD
dc.subjectDISPLACEMENT
dc.subjectINSURANCE MARKETS
dc.subjectFLOODS
dc.subjectDEMOCRACY
dc.subjectEXTERNALITIES
dc.subjectNATURAL DISASTERS
dc.subjectMARKETS
dc.subjectORGANIZATIONS
dc.subjectFINANCIAL PRODUCTS
dc.subjectTYPHOON
dc.subjectDISASTERS
dc.subjectTECHNOLOGICAL INNOVATIONS
dc.subjectSOCIAL SECURITY
dc.subjectCYCLONES
dc.subjectDISASTER REDUCTION
dc.subjectLABOR
dc.subjectFARMERS
dc.subjectDUST BOWL
dc.subjectRESERVES
dc.subjectINSURANCE COVERAGE
dc.subjectMORTALITY
dc.subjectCATASTROPHIC INSURANCE
dc.subjectFINANCE
dc.subjectEFFICIENCY
dc.subjectTECHNOLOGY
dc.subjectINFANT MORTALITY
dc.subjectDROUGHTS
dc.subjectTROPICAL CYCLONE
dc.subjectEMERGENCY
dc.subjectEARTHQUAKE
dc.subjectFOOD SECURITY
dc.subjectDISASTER REDUCTION
dc.subjectCLIMATE CHANGE
dc.subjectDISASTER RISK
dc.subjectPOLICIES
dc.subjectDROUGHT
dc.subjectFIRES
dc.subjectINSURANCE SCHEMES
dc.subjectINSURANCE PRODUCTS
dc.subjectVALUE
dc.subjectLOSSES
dc.subjectBANK
dc.subjectEXTREME EVENTS
dc.subjectCREDIT
dc.subjectDISASTER RISK FINANCING
dc.subjectHEAT WAVES
dc.subjectSAFETY NET
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectDAMAGE
dc.subjectFLOOD
dc.subjectRISK TRANSFER
dc.subjectPOLICY
dc.subjectECONOMICS
dc.subjectECONOMIC SYSTEMS
dc.subjectMANAGEMENT
dc.subjectINSURANCE
dc.subjectLOSS
dc.subjectIMPACT ANALYSIS
dc.subjectAGENTS
dc.subjectSECURITY
dc.subjectRISK INSURANCE
dc.subjectWARS
dc.subjectDISASTER AID
dc.subjectWAR
dc.subjectHURRICANE
dc.subjectINVESTMENT
dc.subjectRISK
dc.subjectINDEMNITY
dc.subjectMITIGATION
dc.subjectWARNING SYSTEMS
dc.subjectBUILDING CODES
dc.subjectTROPICAL CYCLONES
dc.subjectSUPPLY
dc.subjectRISK TAKING
dc.subjectDISCIPLINE
dc.subjectFOREST FIRES
dc.subjectINNOVATION
dc.subjectLAW
dc.subjectINVESTMENTS
dc.subjectRISK MANAGEMENT
dc.subjectCIVIL WAR
dc.subjectDISASTER RISK
dc.subjectOUTCOMES
dc.subjectSAFETY
dc.subjectBASIS RISK
dc.subjectCOVERAGE
dc.subjectMORAL HAZARDS
dc.subjectSEARCH COSTS
dc.subjectECONOMIC CONDITIONS
dc.subjectINNOVATIONS
dc.subjectENVIRONMENTAL DISASTER
dc.titleQuantifying through Ex Post Assessments the Micro-Level Impacts of Sovereign Disaster Risk Financing and Insurance Programsen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleQuantifying through ex Post Assessments the Micro-Level Impacts of Sovereign Disaster Risk Financing and Insurance Programs
okr.date.disclosure2015-07-02
okr.date.doiregistration2025-04-10T12:02:00.451782Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2015/07/24744800/quantifying-through-ex-post-assessments-micro-level-impacts-sovereign-disaster-risk-financing-insurance-programs
okr.globalpracticeFinance and Markets
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.guid652441468188650349
okr.identifier.doi10.1596/1813-9450-7356
okr.identifier.externaldocumentum090224b082fcbb87_1_0
okr.identifier.internaldocumentum24744800
okr.identifier.reportWPS7356
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/07/02/090224b082fcbb87/1_0/Rendered/PDF/Quantifying0th0d0insurance0programs.pdfen
okr.topicInsurance Risk Mitigation
okr.topicEnvironment::Natural Disasters
okr.topicMacroeconomics and Economic Growth::Climate Change Economics
okr.topicUrban Development::Hazard Risk Management
okr.topicFinance and Financial Sector Development
okr.unitFinance and Markets Global Practice Group; and the Global Facility for Disaster Reduction and Recovery
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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