Remittances and Natural Disasters : Ex-post Response and Contribution to Ex-ante Preparedness

Macro- and micro-economic evidence suggests a positive role of remittances in preparing households against natural disasters and in coping with the loss afterwards. Analysis of cross-country macroeconomic data shows that remittances increase in the aftermath of natural disasters in countries that have a larger number of migrants abroad. Analysis of household survey data in Bangladesh shows that per capita consumption was higher in remittance-receiving households than in others after the 1998 flood. Ethiopian households that receive international remittances seem to rely more on cash reserves and less on selling household assets or livestock to cope with drought. In Burkina Faso and Ghana, international remittance-receiving households, especially those receiving remittances from high-income developed countries, tend to have housing built of concrete rather than mud and greater access to communication equipment, suggesting that they are better prepared against natural disasters.

Bibliographic Details

Main Authors:	Mohapatra, Sanket, Joseph, George, Ratha, Dilip
Language:	English
Published:	2009-06-01
Subjects:	AGRICULTURAL SHOCK, AMOUNT OF REMITTANCES, ARMED CONFLICTS, ASSET HOLDING, AVALANCHES, CAPITA CONSUMPTION, CAPITAL FLOWS, CASE STUDY, CASH RESERVES, CLIMATE CHANGE, CONSUMER DURABLES, CONSUMPTION EXPENDITURE, CONSUMPTION SMOOTHING, CROP LOSSES, CULTURAL CHANGE, DEVELOPING COUNTRIES, DEVELOPMENT ECONOMICS, DEVELOPMENT FINANCE, DIASPORA, DISASTER EVENT, DISASTER EVENTS, DISASTER MANAGEMENT, DISASTER PREPAREDNESS, DISASTER RECOVERY, DISASTER REDUCTION, DISASTER RELIEF, DISASTER RESPONSE, DISASTER RISK, DISASTER RISK REDUCTION, DISEASES, DOMESTIC REMITTANCES, DROUGHT, DROUGHTS, EARTHQUAKE, EARTHQUAKES, ECONOMIC ANALYSIS, ECONOMIC DEVELOPMENT, ECONOMIC IMPLICATIONS, EDUCATIONAL ATTAINMENT, EFFECTS OF REMITTANCES, EMIGRATION, EQUIPMENT, FAMINE, FINANCIAL CRISES, FINANCIAL FLOWS, FINANCIAL INFRASTRUCTURE, FINANCIAL SERVICES, FLOOD, FLOODING, FLOODS, FOOD INSECURITY, FOOD SECURITY, FOREIGN DIRECT INVESTMENT, GLOBAL DEVELOPMENT, GROSS DOMESTIC PRODUCT, HOME COUNTRIES, HOME COUNTRY, HOUSEHOLD ASSETS, HOUSEHOLD CONSUMPTION, HOUSEHOLD LEVEL, HOUSEHOLD NUMBER, HOUSEHOLD SIZE, HOUSEHOLD SURVEY, HOUSEHOLD SURVEY DATA, HOUSEHOLD SURVEYS, HUMAN CAPITAL, HUMAN LIFE, HURRICANE, HURRICANES, ILLNESS, IMPACT OF REMITTANCES, INCOME, INCOME SHOCKS, INCOMES, INCREASE IN REMITTANCES, INFORMAL REMITTANCE, INSURANCE, INSURANCE COMPANIES, INTERNATIONAL BANK, INTERNATIONAL CAPITAL, INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE, INTERNATIONAL MIGRANTS, INTERNATIONAL REMITTANCE, INTERNATIONAL REMITTANCES, INVENTORIES, JOB TRAINING, LIQUIDITY, LIQUIDITY CONSTRAINTS, LIVING STANDARD, LIVING STANDARDS, LOCAL CAPACITY, LOSS OF ASSETS, MACROECONOMIC DATA, MICRO-DATA, MIGRANT, MIGRANT ASSOCIATIONS, MIGRANT REMITTANCE, MIGRANT REMITTANCES, MIGRATION, MIGRATION FLOWS, MOBILE PHONES, MONETARY FUND, MONEY TRANSFER, NATURAL DISASTER, NATURAL DISASTERS, NATURAL HAZARDS, NATURAL RESOURCE, NUMBER OF CHILDREN, NUMBER OF HOUSEHOLDS, NUMBER OF MIGRANTS, NUMBER OF PEOPLE, NUTRITION, PEACE, POLICY RESEARCH, POLICY RESEARCH WORKING PAPER, PORTFOLIO, PRIVATE DEBT, PROGRESS, RECIPIENT HOUSEHOLDS, RECONSTRUCTION, REGIONAL DUMMIES, REMITTANCE, REMITTANCE FLOWS, REMITTANCE RECEIVING, REMITTANCE RECEIVING HOUSEHOLDS, REMITTANCE TRANSFER, REMITTANCE TRANSFERS, REMITTANCE-RECEIVING HOUSEHOLDS, REMITTANCES, REMITTANCES FOR INVESTMENT, REMITTANCES REMITTANCES, RESEARCH INSTITUTIONS, ROLE OF REMITTANCES, RURAL AREAS, SAFETY NET, SHOCKS TO INCOMES, SOCIAL COUNCIL, STANDARD DEVIATION, STANDARD ERRORS, STOCKS, STORMS, SUSTAINABLE DEVELOPMENT, TERTIARY EDUCATION, TRANSFER CHANNELS, TSUNAMI, TSUNAMIS, URBAN AREAS, USE OF REMITTANCES, VULNERABILITY, WAR,
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111019081744 https://hdl.handle.net/10986/4353
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