Author : International Monetary,International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 62 pages
File Size : 54,5 Mb
Release : 2022-03-21
Category : Business & Economics
ISBN : 9798400205569
Samoa: Technical Assistance Report—Climate Macroeconomic Assessment Program by International Monetary,International Monetary Fund. Fiscal Affairs Dept. Pdf
Samoa is highly exposed to natural hazards such as tropical cyclones, earthquakes, tsunamis, droughts, and floods. These damage economic growth and impact debt sustainability adversely. Increasing frequency and intensity of coastal storms are likely to amplify damage to infrastructure and livelihoods. Slow-moving climate stresses such as sea level rise and increasing heat hazard are also likely to impact potential growth in the main economic sectors such as agriculture, fisheries, and tourism.