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Rethinking the role of sovereign wealth funds in small island developing states: evidence from Tuvalu and Kiribati

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  • Tauisi Taupo

Abstract

This paper examines the important role that can be played by sovereign wealth funds in financing of disaster risk management. The governments of Tuvalu and Kiribati are predicting climate change and natural disaster risks imposing increasing financial pressure on their economies. Having the required financial response in the aftermath of disasters is important to these low‐lying atolls. The long‐term sustainability of sovereign wealth funds in Kiribati and Tuvalu in contributing to ex post disaster risk management is examined.

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  • Tauisi Taupo, 2019. "Rethinking the role of sovereign wealth funds in small island developing states: evidence from Tuvalu and Kiribati," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 33(2), pages 94-107, November.
    • Handle: RePEc:bla:apacel:v:33:y:2019:i:2:p:94-107
    DOI: 10.1111/apel.12269
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