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La Sostenibilidad de Deuda frente a Riesgo de Catastrofes Naturales

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  • Eduardo A. Cavallo

    ()

  • Patricio Valenzuela
  • Eduardo Borensztein

Abstract

Los desastres naturales son una importante fuente de vulnerabilidad en la región del Caribe. A pesar de ser una de las regiones del mundo con más altas probabilidades de desastres naturales, el Caribe tiene los niveles más bajos de cobertura de seguro. Este articulo examina la vulnerabilidad de las finanzas publicas de Belice debido a la alta ocurrencia de huracanes. El artículo estudia el potencial de instrumentos de aseguración que podrían reducir la vulnerabilidad a estos desastres naturales. Este estudio encuentra que el seguro de Riesgos Catastróficos mejora la sostenibilidad de la deuda del gobierno de Belice. La metodología aplicada por el estudio hace posible estimar el nivel apropiado de cobertura de seguro apropiado. Para el caso de Belice, es como máximo, US$120 millones por año. Organizaciones internacionales pueden jugar un papel importante en asistir a los países a sobrellevar las distorsiones de los mercados de seguros, como también en ayudar a disminuir la resistencia política interna contra la aplicación de esta póliza.

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Bibliographic Info

Paper provided by Inter-American Development Bank, Research Department in its series Research Department Publications with number 4523.

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Date of creation: Jun 2007
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Handle: RePEc:idb:wpaper:4523

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  1. Barro, Robert, 2006. "Rare Disasters and Asset Markets in the Twentieth Century," Scholarly Articles 3208215, Harvard University Department of Economics.
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