Financial and Fiscal Instruments for Catastrophe Risk Management: Addressing the Losses from Flood Hazards in Central Europe

by

Write The First Customer Review

This applied study addresses the large flood exposures of Central Europe and proposes efficient financial and risk transfer mechanisms to mitigate fiscal losses from such natural catastrophes. In 2010 the V-4 Visegrad countries (i.e., Poland, Czech Republic, Hungary and Slovakia) demonstrated their historical vulnerability to floods - Poland suffered $3.2 billion in flood related losses, comparable to it $3.5 billion of losses in 1997. Flood modeling analysis of the V-4 shows that a disaster event with a 5 percent ...

Financial and Fiscal Instruments for Catastrophe Risk Management: Addressing the Losses from Flood Hazards in Central Europe 2012, World Bank Publications

ISBN-13: 9780821395790

Trade paperback

Select