Suchergebnisse

"This volume investigates competing ideas, images, and stereotypes of a European 'East', exploring its role in defining European and national conceptions of self and other since the eighteenth century. Europe and the East will be essential reading for anyone interested in images and ideas of Europe, European identity, and conceptions of the 'East' in intellectual and cultural history"--

The concept of the German nation, 1871-1914 -- The dual alliance and the outbreak of war -- The idea of Austria-Hungary -- German historiography and the comradeship-in-arms -- Mitteleuropa and the war aims debate -- The Hungarian alliance partner -- The Polish problem -- The nationality question in Austria

AbstractRecently a number of multi-country insurance schemes have been introduced to deal with short-term fiscal liquidity gaps after natural disasters. However, little is known about the actual underlying risk to the fiscal sector just after such events. In this paper, we estimate the risk of fiscal shortages due to tropical storms in the Caribbean. To this end, first we use a panel VAR and estimate that while government expenditure does not respond to damages due to tropical storms, there is a significant contemporaneous effect on fiscal revenue. The results also reveal that different components of expenditure and revenue respond differently to hurricane shocks. Then, employing a parametric bulk extreme value model on estimated losses due to historical events, we show that the fiscal shortage due to storms can potentially be sizeable depending on the rarity of the event, but varies considerably across islands. However, any risk assessment is fraught with considerable uncertainty, particularly for rare but potentially very damaging tropical storm strikes.