Natural Disaster Risk Management and Financing Disaster Losses in Developing Countries

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Economic resilience: definition and measurement (2014, background): “…sector and its ability to access financial resources to reconstruct (see the very thorough analysis of financing options in developing countries in Mechler, 2004).10F11 Taking an example of a disaster that makes capital losses equal to $500 million, in a country with a 10% interest rate, with a…”
Reviewing estimates of the economic efficiency of disaster risk management: opportunities and limitations of using risk-based cost–benefit analysis (2016, background): “As another example from Mechler et al. (2008), a combined intervention of risk reduction and risk financing was studied for helping drought-exposed farmers deal with extremes.”
Insurance for assisting adaptation to climate change in developing countries: a proposed strategy (2006, background): “As a case in point, 4 years after the devastation of Hurricane Mitch in 1998, the GDP of Honduras was 6% below pre-disaster projections (Mechler, 2004), and the disaster increased the number of the poor by 165,000 people (Government of Honduras, 2001).”
Climate change, adaptation and economic growth (2012, background): “Mechler (2004) for example reports that Hurricane Mitch, which hit Honduras in 1998, reduced the country’s GDP growth rate by as much as five percentage points.”