A survey of empirical research on the fiscal implications of natural disasters
Year: 2025
Type: article
Abstract: While the costs related to population ageing are seen as major drivers of fiscal pressure in developed countries, including the EU, concerns about climate-related public spending and natural disasters have received relatively little attention in ensuring long-term fiscal sustainability in these countries. This paper aims to contribute to a better understanding of the budgetary dimensions of natural disasters by empirically assessing their impact on the sustainability of public budgets and sustainable public debts. The so-called second-round effects resulting from governments' increasing efforts aimed at greenhouse gas reduction and adaptation are likely to further increase fiscal costs.
Source: Economics and Environment
Author: Grażyna Borys
Institution: University of Zielona Góra
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
SDG: Climate action
Open Access status: diamond
OpenAlex ID: W4408878773