SELA ORGANIZES “REGIONAL MEETING ON THE MACROECONOMIC IMPACT OF DISASTERS DUE TO THE OCCURRENCE OF NATURAL EVENTS IN LATIN AMERICA AND THE CARIBBEAN”
A disaster caused by natural phenomena has severe impacts on productivity, employment, composition of investment, and even distribution of income, thus jeopardizing the economy’s capacity to generate goods and services.
Disasters due to the occurrence of natural phenomena represent adverse shocks that affect development and the fight against poverty. Thus, understanding the policy implications and the costs associated with these eventualities is a necessity of the first order.
In this connection, the Permanent Secretariat of the Latin American and Caribbean Economic System (SELA) will hold the “Regional Meeting on the Macroeconomic Impact of Disasters due to the Occurrence of Natural Events in Latin America and the Caribbean”, in collaboration with the United Nations Office for Disaster Risk Reduction (UNISDR) and the Government of Costa Rica, through the Ministry of National Planning and Economic Policy (MIDEPLAN), on 04 and 05 October 2017 in San José, Costa Rica.
During the Regional Meeting, the Permanent Secretariat of SELA will present the study “Macroeconomic Impact of Disasters due to the Occurrence of Natural Events in America Latin and the Caribbean”, whose main objective is to measure the impact of disasters due to the occurrence of natural phenomena on the economic activity and public expenditure.
At the Opening Session, Mr Eduardo Piña, Specialist of Studies and Proposals of SELA, will take the floor on behalf of the Permanent Secretariat, followed by Mrs Olga Marta Sánchez Oviedo, Minister of National Planning and Economic Policy (MIDEPLAN) of Costa Rica, and Raúl Salazar, Head of the Regional Office for the Americas of the United Nations Office for Disaster Risk Reduction (UNISDR).
This activity is aimed at focal points for disaster risk management of the Member States of SELA and members of the Latin American network on risk management and climate change in public investment.
