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Comparative Analysis of Post-event Funding Sources

Author

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  • Ionela-Daniela Găitan (Botezatu)

    ("Ștefan cel Mare" University of Suceava)

Abstract

Over time, extreme risk events have been constant, but the frequency and severity of these events have continued to increase over time, and their consequences often trigger economic and public health crises. Extreme risk events can also cause significant budgetary pressures, with a short-term impact on the fiscal field and a long-term impact on development. In order to reduce the economic impact of extreme events and to cope with the costs of humanitarian aid, recovery support and economic construction following an extreme event, it is necessary for the authorities to develop various strategies in advance. The article aims to identify optimal post-event/ post-crisis financing solutions, in order to mitigate the economic impact of extreme risk events. In this article were used qualitative methods, such as data processing and analysis, comparative analysis, documentation of reports, analysis of reference articles and presentation of conclusions.

Suggested Citation

  • Ionela-Daniela Găitan (Botezatu), 2020. "Comparative Analysis of Post-event Funding Sources," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 333-339, December.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:2:p:333-339
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    References listed on IDEAS

    as
    1. Daniel J. Clarke & Olivier Mahul & Richard Poulter & Tse-Ling Teh, 2017. "Evaluating Sovereign Disaster Risk Finance Strategies: A Framework," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 42(4), pages 565-584, October.
    2. Clarke, Daniel J. & Dercon, Stefan, 2016. "Dull Disasters?: How planning ahead will make a difference," OUP Catalogue, Oxford University Press, number 9780198785576.
    3. David Hofman, 2010. "Mitigating the Impact of Natural Disasters on Public Finance," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 11(02), pages 36-42, July.
    4. Ms. Nicole Laframboise & Mr. Boileau Loko, 2012. "Natural Disasters: Mitigating Impact, Managing Risks," IMF Working Papers 2012/245, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    source of financing; insurance; extreme event; risk;
    All these keywords.

    JEL classification:

    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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