Cat bonds offer advantages over taxation for tackling rising disaster costs: OECD
A recent paper authored by Kensuke Molnar-Tanaka, OECD Development Centre and Hiroaki Sakamoto, Kobe University, explores how catastrophe bonds are being viewed as being more advantageous compared to taxation, when it comes to tackling the increasing rise in costs related to global natural catastrophe events. The study, titled “Financing the costs of disasters: Catastrophe bonds or […]