Selected Issues Papers

Fiscal Sustainability and Natural Disaster Risks in the ECCU: ECCU

By Sophia Chen, SPENCER SIEGEL, Camilo E Tovar Mora

May 30, 2025

Download PDF More Formats on IMF eLibrary Order a Print Copy
More formats on IMF eLibrary Order a Print Copy

Preview Citation

Format: Chicago

Sophia Chen, SPENCER SIEGEL, and Camilo E Tovar Mora. "Fiscal Sustainability and Natural Disaster Risks in the ECCU: ECCU", Selected Issues Papers 2025, 068 (2025), accessed May 31, 2025, https://doi.org/10.5089/9798229011778.018

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

ECCU countries are highly vulnerable to recurring and increasingly severe natural disasters. Evidence suggests that severe natural disaster have negative impacts on fiscal balances and debt in the region. This underscores the need for comprehensive disaster resilience strategies to mitigate immediate economic losses, finance post-disaster needs, and safeguard fiscal sustainability.

Subject: Disaster aid, Economic integration, Environment, Fiscal policy, Fiscal space, Fiscal stabilization, Fiscal stance, Fiscal sustainability, Foreign aid, Monetary unions, Natural disasters, Public debt

Keywords: Caribbean, Debt sustainability analysis, Disaster aid, ECCU, Fiscal space, Fiscal stabilization, Fiscal stance, Fiscal sustainability, Fiscal Sustainability, Monetary unions, Natural disasters, Natural Disasters, Sovereign bonds

Publication Details

You May Also Be Interested In...

ECCU CBI Programs: Regional Significance and Risks

May 30, 2025

Property Insurance Challenges in the ECCU: ECCU

May 30, 2025

Cyclical Fiscal Multipliers: Policy Mix and Financial Friction Puzzle

May 30, 2025

New Zealand: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for New Zealand

May 26, 2025