Changes in fiscal risk against natural disasters due to Covid-19

17198 9 94068 2 273753 document 94068 1-s2.0-S2590061721000363-main.pdf application/pdf c3d4bdbc82b94a6a83b2b5c6783bc5dd MD5 4193372 2021-05-07 07:43:52 https://pure.iiasa.ac.at/id/eprint/17198/1/1-s2.0-S2590061721000363-main.pdf 17198 1 1 application/pdf text en public cc_by_4

1-s2.0-S2590061721000363-main.pdf

accepted 94069 1 273759 document 94069 indexcodes.txt text/x-asm 8c618f57851c05cfb713e4a682e5eeb4 MD5 8189 2021-05-07 07:53:37 https://pure.iiasa.ac.at/id/eprint/17198/2/indexcodes.txt 17198 2 2 text/x-asm other Generate index codes conversion from text to indexcodes en public

indexcodes.txt

lightbox.jpg

preview.jpg

medium.jpg

small.jpg

http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/94068 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/94068 http://eprints.org/relation/issmallThumbnailVersionOf https://pure.iiasa.ac.at/id/document/94068 archive 353 disk0/00/01/71/98 2021-05-07 07:45:24 2025-03-26 05:00:18 2021-05-07 07:45:24 article show Hochrainer-Stigler S. 7958 0000-0002-9929-8171 Changes in fiscal risk against natural disasters due to Covid-19 pub ASA SYRR Government; Fiscal risk; Covid-19; Multi-Hazard; Country level; Global The coronavirus pandemic caused serious social and economic impacts around the world. Governments implemented massive fiscal stimulus and protection packages to counteract these severe consequences which lead them into weak fiscal positions and elevated debt. This affects the fiscal risk to natural hazards governments are exposed to as well. To shed light on this issue we compare fiscal risk due to natural disaster events pre-Covid and for today to indicate the magnitude of change. This is done by applying the so-called CatSim model which combines natural disaster risk and corresponding losses a government is exposed to with financial resources it has available to finance them. While only indicative due to data limitations our results can be interpreted as a warning call to not underestimate disaster risks that can realize any moment and that will be much more difficult to be efficiently responded to compared to the pre-Covid era. Especially the poor are now in a significant weaker position than before. We suggest some possible ways forward how to enable a more integrated perspective and to track progress of fiscal risks over time. 2021-05-06 published Elsevier 10.1016/j.pdisas.2021.100176 126 public Progress in Disaster Science 10 e100176 TRUE 2590-0617 REmote Climate Effects and their Impact on European sustainability, Policy and Trade (RECEIPT, H2020 820712) FALSE yes info:eu-repo/grantAgreement/EC/H2020/820712/EU//RECEIPT info:eu-repo/semantics/article info:eu-repo/semantics/openAccess