Private and Financial Sector Resilience in the Caribbean

• Tác giả: Oliver Masetti
• Ngôn ngữ: eng
• Ký hiệu phân loại: 347.72 Civil procedure and courts
• Thông tin xuất bản: World Bank, Washington, DC, 2021
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 302242
• Chủ đề: 1. CLIMATE CHANGE IMPACT; 2. CLIMATE RESILIENCE; 3. DISASTER RISK FINANCE; 4. HAZARD RISK; 5. NATURAL DISASTER RISK

Tóm tắt

The private sector in the Caribbean is crucial for economic growth and job creation and economic resilience is thus heavily determined by the shock absorbing capacity of individual firms and households. As the definition of the private sector is generally broad and includes economic agents of various size operating across different sectors, the assessment conducted in this chapter is multifaceted and considers different elements that determine vulnerabilities and resilience to exogenous shocks. The focus of the analysis is on the private sector's vulnerability to tropical storms, the type of disaster most prevalent in the region, but the discussion of risks and vulnerabilities is also more broadly applied to other types of shocks, such as the COVID-19 pandemic.