Our Blog
Featured Blogs
11 May 2023
22 December 2021
The ongoing policy discussions about climate change resilience and the role of prevention and insurance, including the recent blog by Matthew Kahn and Somik Lall, reminded me of the 1985 science fiction movie “Back to the Future,” where a teenager is accidentally sent three decades back in a time-traveling automobile built by his eccentric scientist friend “Doc” Brown . It may be indeed worthwhile to go back to the future and return to the foundations of the economics of risk and insurance... Keep reading
28 October 2021
Natural disasters cost about US$18 billion a year in emerging markets and developing economies through damage to power generation and transport infrastructure alone. They also trigger wider disruptions for households and firms costing at least US$390 billion a year ( World Bank, 2019 ). Ensuring reliable, sustainable, and resilient critical infrastructure is a core part of national economic security and climate change adaptation and resilience . Governments should secure the continuity of... Keep reading
15 June 2021
The COVID-19 pandemic has dealt with the most severe blow to the global economy since 1929, with devastating, long-lasting effects on government balance sheets. While the impact of the pandemic has been unprecedented in scale and type, the systemic crises stemming from it are likely to happen more often in our modern, interconnected world. COVID-19 reminds us that shocks can cascade and compound in complex ways, with broad fiscal, economic, financial and social implications. Understanding this... Keep reading