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Debt sustainability and climate change B249

Author

Listed:
  • Bruno Cabrillac

    (Banque de France - Banque de France - Banque de France)

  • Camille Fabre

    (Banque de France - Banque de France - Banque de France)

  • Luc Jacolin

    (Banque de France - Banque de France - Banque de France)

Abstract

Climate change has both immediate and long-term consequences on the debt trajectories of developing countries. Their high physical vulnerability to global warming and the in-crease in natural disasters, combined with lower socio-econo-mic resilience (food and agricultural insecurity, high population growth, lack of social safety nets and political instability), are putting a strain on public finances at a time when they already have little budgetary leeway.

Suggested Citation

  • Bruno Cabrillac & Camille Fabre & Luc Jacolin, 2023. "Debt sustainability and climate change B249," Post-Print hal-04125648, HAL.
    • Handle: RePEc:hal:journl:hal-04125648
    Note: View the original document on HAL open archive server: https://hal.science/hal-04125648
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