Fiscal Sustainability and Natural Disaster Risks in the ECCU: ECCU

BySophia Chen, SPENCER SIEGEL, Camilo E Tovar Mora

May 30, 2025

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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: Environment, Fiscal policy, Fiscal stabilization, Fiscal stance, Fiscal sustainability, Natural disasters, Public debt

Keywords: Caribbean, ECCU, ECCU country, ECCU member states, finance post-disaster, Fiscal stabilization, Fiscal stance, Fiscal Sustainability, natural disaster risk, Natural Disasters, Western Hemisphere department

Pages:
10
Volume:
2025
DOI:
https://doi.org/10.5089/9798229011778.018
Issue:
068
Series:
Selected Issues Paper No. 2025/068
Stock No:
SIPEA2025068
ISBN:
9798229011778
ISSN:
2958-7875

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