nep-sea New Economics Papers
on South East Asia
Issue of 2012‒09‒22
two papers chosen by
Kavita Iyengar
Asian Development Bank

  1. World Bank, Inter-American Development Bank, and Subregional Development Banks in Latin America: Dynamics of a System of Multilateral Development Banks By Prada, Fernando
  2. Investing in Disaster Risk Reduction: A Global Fund By Noy, I

  1. By: Prada, Fernando (Asian Development Bank Institute)
    Abstract: Multilateral development banks (MDBs) are an innovative institutional model to channel financing and knowledge to developing countries. In Latin America, the balance of forces between competition and collaboration among MDBs and other sources of development finance have formed a system that is decentralized and client-oriented. The author analyzes three types of relationships between MDBs to show areas of strength in their operations and future potential, using a great amount of quantitative data from the annual reports and financial databases of MDBs that the FORO Nacional Internacional research program has been tracking periodically.
    Keywords: development finance; multilateral development banks; world bank; inter-american development bank; subregional development banks; latin america
    JEL: F34 O10 O19
    Date: 2012–09–06
  2. By: Noy, I
    Abstract: I focus on three issues that are, in my view, the most pertinent to addressing the need to deal with catastrophic, low-probability storms and earthquakes (most likely to occur in Asia and/or the Caribbean): (1) the large benefits and benefit/cost ratios from early-warning systems; (2) the feasibility of an international disaster risk reduction intervention fund and its guiding principles, and (3) an evaluation of the Copenhagen Consensus methodology that relate to the Kunreuther and Michel-Kerjan challenge paper.
    Keywords: disasters, risk reduction, funding, Copenhagen Consensus methodology, early-warning systems,
    Date: 2012–08–22

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