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Remittances and natural disasters : ex-post response and contribution to ex-ante preparedness

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Author Info
Mohapatra, Sanket
Joseph, George
Ratha, Dilip

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Abstract

Macro- and micro-economic evidence suggests a positive role of remittances in preparing households against natural disasters and in coping with the loss afterwards. Analysis of cross-country macroeconomic data shows that remittances increase in the aftermath of natural disasters in countries that have a larger number of migrants abroad. Analysis of household survey data in Bangladesh shows that per capita consumption was higher in remittance-receiving households than in others after the 1998 flood. Ethiopian remittance-dependent households seem to use cash reserves rather than sell livestock to cope with drought. In Burkina Faso and Ghana, international remittance-receiving households, especially those receiving remittances from high-income developed countries, tend to have housing built of concrete rather than mud and greater access to communication equipment, suggesting that they are better prepared against natural disasters.

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Publisher Info
Paper provided by The World Bank in its series Policy Research Working Paper Series with number 4972.

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Date of creation: 01 Jun 2009
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Handle: RePEc:wbk:wbrwps:4972

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Related research
Keywords: Population Policies; Access to Finance; Remittances; Natural Disasters; Debt Markets;

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This page was last updated on 2009-11-13.


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