Tag: Resilience

Guest Contribution: “Impact of Climate Risk on Fiscal Space: Does Political Stability and Financial Development Matter?”

Very honored to contribute my fourth guest blog post on Econbrowser. I am deeply grateful to Menzie Chinn. The recent literature establishes that climate risk reduces the fiscal space,…

Impact of Climate Risk on Fiscal Space: Do Religious Tensions Matter?

In our new working paper, written with John Beirne, Donghyun Park, and Gazi Salah Uddin, we find that political stability together with financial development matter for the negative…

Strong Institutions Shield Emerging Markets from US Monetary Shocks

Allow me to share this ADB blog written by Donghyun Park and Irfan A. Qureshi. Based on our recent joint publication in the Journal of International Money and…

Explaining the Infrastructure Vulnerability Score for the Russia Federation

After a first blog on how to visualize the ND-GAIN vulnerability scores, I was keen to explore the sub-categories of the vulnerability scores. Among them, I was particularly…