Abstract

The Disaster Deficit Index (DDI) measures macroeconomic and financial risk in a country according to possible catastrophic scenario events. Extreme disasters can generate financial deficit due to sudden and elevated need of resources to restore affected inventories. The DDI captures [...]

Abstract

The Disaster Deficit Index (DDI) measures country risk from a macroeconomic and financial perspective, according to possible catastrophic events. The DDI captures the relationship between the demand for contingent resources to cover the maximum probable losses and the public sector’s [...]