This brief talks about the catastrophe bond market which came into being in the early nineties. In response to requests from its member countries, the World Bank has developed a menu of innovative financial...
Participants in international capital markets traditionally gather in London every June at the annual Euromoney borrowers and investors conference. Investment bankers and their clients like to take the...
Natural disasters have taken a human toll for centuries. They have engendered numerous myths and are part of world history, witness the ruins of Herculanum and Pompei. Over the last few decades, however...
The debt crisis burst upon the world's attention in the summer of 1982 and has generated a great deal of discussion and debate. Most attention has been focused on schemes to solve the crisis, justifications...